Posts Tagged
biotech firms
Cures-for-Dollars Model Comes Undone as Biotech Market Sinks
©2015 Bloomberg News NVTN8V6K50Y6 (Bloomberg) — For the last five years, biotechnology and pharmaceutical stocks have surged on an assumption about the companies that invent and sell drugs for American patients: Invent amazing treatments that save lives and cure the sick, and you can charge pretty much what you want.