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The Good, Bad, Ugly of Midwest Biotech in 2003

The Good

Lets start with the good in Midwest biotech in 2003. Whats clearly striking is the outstanding performance of the publicly traded Midwest biotech companies as measured by the ePrairie Midwest Biotech Index, which evaluates the top 20 biotech stocks of the region.

Last week, I commented on the stellar performance of the Nasdaq and Amex Biotech indices, which grew ......

Full article >>> almost $19 billion raised by the biotech community in the U.S. during 2003 (an excellent year), Midwest companies accounted for a small amount of this sum (some $300 million to $400 million, both private and public) or about 2 percent of total money raised.

Considering that at least 20 percent of biotech and life science companies are located in the eight-state Midwest region, this is a......

Full article >>> ol.com. This article has been syndicated on the Wisconsin Technology Network courtesy of ePrairie, a user-driven business and technology news community distributed via the Web, the wireless Web and free daily e-mail newsletters. They can be found at www.eprairie.com.

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The opinions expressed herein or statements made in the ......

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Source:wistechnology.com By Michael Rosen 01/06/04


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