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The mushrooming of biotechnology in the U.S.

Although BIO 2006 is around the corner and coming to the Midwest for the first time, we know that this meeting heads back to the East Coast in 2007 (Boston). Nevertheless, it is a good sign that we have broken the original "East Coast/West Coast" mold and that the BIO organization realizes that biotechnology is flourishing in many areas of the U.S. beside these regio......

Full article >>> o on the biotech map). Florida has also linked $30 million in funding to 3 state universities creating Centers of Excellence geared towards attracting biotech firms to its college campuses.

Arizona earmarked $90 million to attract a genomics research center in Phoenix (home of Arizona State University in nearby Tempe), and Tucson (University of Arizona) seems to be exploding in sci......

Full article >>> ompanies in San Diego to life science companies along with legal assistance, free meeting facilities and hotel rooms for the next 10 years.

Pennsylvania has also earmarked $2 billion of tobacco settlement funds for life sciences.

New Jersey, home already to a number of large U.S. and international Pharma companies, is also growing in numbers of biotech companies, go......

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Number 15 was Gilead Sciences which had a 1 year return of 50 percent, a 3 year return of 46 percent, a 5 year return of 38 percent and a 10 year return of 29 percent

Number 20 was Celgene which had a 1 year return of 144 percent, a 3 year return of 82 percent, a 5 year return of 32 percent, and a 10 year return of 29 percent.(Celgene in fact was number 9 on the list ......

Full article >>> ournal, February 27, 2006)

Industry Segment1 Year Return3 Year Return5 Year Return10 Year Return
Healthcare Providers+39.6%+28%+9%+8.9%
Medical Supplies+24.7%+27.1%+7.2%......

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The opinions expressed herein or statements made in the above column are solely those of the author and do not necessarily reflect the views of The Wisconsin Technology Network, LLC. (WTN). WTN, LLC, accepts no legal liability or responsibility for any claims made or opinions expressed herein.......

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Source:wistechnology.com By Michael Rosen 03/13/06


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