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Biotech / Medical : Biotech Valuation

CRSP 52.51

+2.7%

Nov 14 9:30 AM EST

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To: JMarcus who wrote (536)	1/23/2000 12:01:00 PM
From: Biomaven	of 52153

market capitalization of the entire biotech sector was less than the market cap of Merck Not even nearly true anymore (and I don't think it was true a year ago, either). MRK market cap is about 169 billion. AMGN and DNA together are already 118 billion. All biotechs together by my calculation are about $390 billion. Peter

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