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Biotech / Medical : Biotech Valuation -- Ignore unavailable to you. Want to Upgrade?


To: Ian@SI who wrote (6823)7/30/2002 2:05:10 PM
From: Biomaven  Respond to of 52153
 
tide is turning for biotechs

We likely also have a 10% bounce in store for us when an FDA Commissioner acceptable to all sides is announced.

In general (as I commented previously) the first tier biotech earnings have been decent and their growth rates are markedly higher than those of pharma (biotech PEGs are now actually lower than pharma PEGs).

Peter