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Midwest small-cap life sciences turn in mixed third-quarter results

In a previous column, we took a look at how the large cap Midwest life science companies fared in the third quarter of 2004 amid an overall weak stock market. The results looked very positive for at least 75 percent of the companies, which exceeded by far the overall stagnant market growth.

On the negative side, some of the poor results i......

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The total value of the top 20 Midwest biotech companies reached $6.3 billion. If we look at the traditional biotech market cap tiers as a way of measuring our progress, the Midwest has:

  1. One company in the billion-dollar club (the top tier).
  2. Eight companies in the second tier ($200 million to $999 million).
  3. Seven companies in the third tier (......

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    '"/> By Michael Rosen 10/11/04

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