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Biotech / Medical : qtrn(quintiles trans)

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To: sim1 who wrote (55)2/20/2000 5:54:00 PM
From: blackmerlin  Read Replies (1) of 105
 
Quintiles Trans. (QTRN) was listed with several other market gems as biotechnology, medical devives or diagnostics, or contract research organization (CRO) stocks under $30/share and worth looking into (see biobiznet.com). IMO, both CVD and QTRN look interesting and I am trying to decide what the upswing in biotech. stocks will mean for contract research organizations. I think it will probably mean more business for CRO-pharma, since even with big injections of capital, the biotech still need to build more infrastructure for producing compounds for conducting clinical trials or for manufacturing of approved compounds. Also new facilities would take substantial time in the qualification process and in getting online and geared up. Meanwhile a CRO with approved facilities could fill the gap. Any ideas?
Jake Blackmerlin
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