Bad News for Biotech

http://www.xconomy.com/san-diego/2013/12/26/top-picks-bio-venture-innovations-predictions-2014/?single_page=true

The author basically argues that low interest rates and QE have bouyed investment opportunities across the board, independent of fundamentals.  The same thing we’re seeing in social media, we are seeing in biotech – and even more so because, ove rhte past 15 years, investors have generally lost money in biotech.  This argument makes a lot of sense, given the scant number of drugs and therapies that have been developed in the recent past despite rapid scientific progress.  

Perhaps the drying up of investor funding will start to move bioscience away from the endless mouse models and the probing only of proteins we know how to probe.  Maybe even pharma would increase R and D spending, if biotech turns out to be a flash in the pan?

Advertisements
Standard

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s