fate of biotech?

Richard Van Frank vanfrank at iquest.net
Tue Apr 23 21:18:38 EST 1996


In article <4lh8tf$o95 at carbon.cudenver.edu>,
   lreed at carbon.cudenver.edu (Lynn Reed) wrote:
>Is it my imagination or are many biotech companies being bought by 
conglomerates?  Do they have the fate of the family owned farm?  Is that bad?
Small biotechs are not family farms. They are bought up because they need money 
to do clinical trials and resources to get products to market. Many of these 
products do not have broad use, not like antibiotics. It takes alot of money to 
get a drug to the market.



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