Biotech Blog

Biotech Blog

19 November 2003

Biotech Raises More Cash in 2003 But Europe Weak

Biotech Raises More Cash in 2003 But Europe Weak
The global biotechnology industry raised more money by the end of September than in the whole of 2002 but a revival in Europe, which remains weak, could be more than six months away, industry analysts said on Tuesday.

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