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Patent Law

: Patent Docs

Is Biotech/Pharma Beginning to Bounce Back?

By Donald Zuhn, Kevin Noonan, Chris Singer, Sherri Oslick, and Jason Derry

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By Donald Zuhn -- It has not been a great year for the biotech/pharma industry. In February, BIO President and CEO Jim Greenwood noted that almost a third of BIO's membership had less than six months of cash on hand, 45% had less than one year of cash remaining, and only 10% of the 370 publicly-traded biotechnology companies reported a positive income (see "BIO Meets the Press"). In April, the National Venture Capital Association (NVCA) and PricewaterhouseCoopers announced that venture capitalists had invested $3.0 billion in 549 deals in the first quarter of 2009, a 47% decrease in terms of...

Full post as published by Patent Docs on August 13, 2009 (boomark / email).

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