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Biotech / Medical : Biotech Valuation
CRSP 56.68-2.4%3:59 PM EST

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To: Biomaven who wrote (3377)4/9/2001 7:35:03 AM
From: Micawber  Read Replies (1) of 52153
 
Biotechs Tune Up for the Mating Dance
By Adam Feuerstein
Staff Reporter
4/9/01 7:03 AM ET

Is the biotech sector gearing up for a wave of merger mania?

Conditions seem ripe. After lining their pockets with record-breaking piles of investor cash in 2000, biotech firms are finding the pickings a bit slim this year. That's setting up a nice game of Survivor: Biotechs with bulging wallets are in a position to gobble up brethren with nothing but two nickels to rub together.

thestreet.com
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