Oh, those fickle biotech investors. In Vivo says that biotech investors haven't proven to be very bullish about the money that pharma companies are pumping into emerging developers through new collaborations [1]. To make its point, In Vivo highlights a series of big-dollar deals at public biotech companies and their subsequent drop in stock price.
To be fair, notes In Vivo, the equities market has been shaken up recently. But the good partnership news should have overcome the Wall Street jitters, insists the blog. It's all a sign that the market no longer cares about such market validations.
- read the analysis [2] in In Vivo
Related Articles:
Pharma noshes at the biotech buffet. Report [1]
VC adds billions in its pursuit of biotech ventures. Report [3]
Billion-dollar baby: Biotech still on a roll with VC funds. Report [4]
Biotech stocks surge as investors anticipate buyouts. Report [5]
Links:
[1] http://www.fiercepharma.com/story/pharma-noshes-biotech-buffet/2008-01-02
[2] http://invivoblog.blogspot.com/2008/03/why-investors-dont-like-biotech.html
[3] http://www.fiercebiotech.com/story/vc-adds-billions-its-pursuit-biotech-ventures/2008-01-22
[4] http://www.fiercebiotech.com/story/billion-dollar-baby-biotech-still-roll-vc-funds/2007-11-29
[5] http://www.fiercebiotech.com/story/biotech-stocks-surge-investors-anticipate-buyouts/2007-10-22