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The world's leading biotech companies

There is an overwhelming perspective on the biotech industry that says it has yet to make any money and that it continues to pump billions of research dollars without any return. As we all know by now, biotech stocks, in general, don't normally trade on earnings like Big Pharma companies; they trade on the promise of novel technology and products.

While the 2005 sales and earning results ......

Full article >>> $114>999%14. Actelion$380+54%$70>999%15. Celgene$378+39%$53+104%16. MGI Pharma$196+300%<$86><28%>17. QLT$186+27%<$166><999%>18. Nabi BioPharmaceutic......

Full article >>> ompanies losing money and the total group losing almost $300 million.

For an industry that is not supposed to make money, profits actually grew 18% for the top 25 companies. Not bad for an industry that invests an unprecedented amount of money in R&D to develop new products!

Now I have to admit we only listed the top 25 companies out of a worldwide total of close to 4500 biotech......

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'"/> By Michael Rosen 03/06/06

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