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Biotech / Medical : Biotech Valuation
CRSP 53.53+4.5%Nov 25 3:59 PM EST

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To: Biomaven who wrote (1121)5/18/2000 11:24:00 PM
From: Jim Oravetz  Read Replies (1) of 52153
 
FUND VIEW-Biotech valuations to triple over three years

By Nick Edwards

HONG KONG, May 18 (Reuters) - Nasdaq-listed biotechnology shares could see valuations triple over the next three years as U.S. federal drug approvals and the coveted patents that go with them begin to be awarded, a senior fund manager said on Thursday. snip....

biz.yahoo.com

No specific companies mentioned, but some general stat's on drugs in development.
Jim
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