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The state of global biotech: An Ernst & Young perspective

One of the things I always like about the annual BIO International Conference is that the accounting firm of Ernst & Young always releases at this event its latest report on the state of the biotech industry called: Beyond Borders: Global Biotechnology Industry ......

Full article >>> > +33% Net Loss $5.4 $4.0 +35%

Source: Ernst & Young: Beyond Borders: the Global Biotechnology Report 2007

Interestingly, if the biotech industry had kept R&D flat during 2006, it would have made money. Instead, it is an industry looking to embrace risk rather than avoid it, so R&D expenses actually grew 33 percen......

Full article >>> 76% $22.8 82% Europe $11.5 16% $3.6 13% Canada $3.2 4% $.9 3% Asia-Pacific $3.3 4% $.4 2%

Source: E&Y:Beyond Borders

While the above is a good indicator that the U.S. role in this vit......

Full article >>> tr> Denmark 1,052 15 1.8% 8 Israel 1,039 16 1.6% 11 Russia 1,019 17 0.2% 19 Finland 893 18 0.5% 18 Korea 841 19 -......

Full article >>> n's share of this financing and grew 38 percent, European biotech financing grew 47 percent and Canadian financing grew 79 percent. So, it was a stellar year for the industry.

As this report has so much good material, I will try to glean further nuggets for my next article. See you soon!

Previous articles by Michael Rosen By Michael Rosen 06/05/07

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