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Biotech / Medical : Biotech Valuation
CRSP 63.99+4.7%Oct 31 9:30 AM EDT

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To: Biomaven who wrote (5156)12/17/2001 7:15:40 AM
From: Elmer  Read Replies (1) of 52153
 
Peter,
With big Pharma reporting problems sustaining earnings growth (namely MRK and BMY), is the industry reaching the "diminishing returns" stage? If so, is this good for biotech short-term but bad long-term?

David
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