June 12, 2003 Comments Off on Biotech Industry Could Turn Profitable This Decade Posted in: General Biotechnology Biotech Industry Could Turn Profitable This Decade The U.S. biotechnology industry could turn a net profit within five to seven years if it gets a break on both regulatory and technological fronts, the author of a new report on the industry said.
Biotech firms eye rally hungrily With so many firms in dire financial straits, many executives are desperately hoping that this spring’s rally in biotech stocks will give way to a turnaround that will allow them to raise the cash they need to survive.
