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Midwest Public-Sector Biotech Continues to Sizzle

CHICAGO Though results for third-quarter publicly traded biotech stocks continue to show strong growth, the rate of growth seems to be slowing down (or else the rest of the market is catching up).

The Nasdaq Biotech index continues to lead with year-to-date sizzling growth of 42 percent versus the Nasdaq Composites growth of 33 percent and the Dow Jones Industrials respectable growth of......

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1) MGI Pharma FDA approval for its new anti-nauseant drug (Aloxi).

2) ImmTech International and Bio-Sante both listing on the American Stock Exchange (moving up from the OTC bulletin board).

3) KV Pharmaceuticals three-for-two stock split

4) Orphan Medicals divestiture of two products to two different specialty pharma companies for ab......

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Source:wistechnology.com By Michael Rosen 09/29/03


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