Interesting article here at The Street.com.
As Adam Feuerstein writes:
A whole host of things have to go right before drugmakers like Merck(MRK Quote - Cramer on MRK - Stock Picks) or Novartis(NVS Quote - Cramer on NVS - Stock Picks) can compete in the biotech arena.
So the Biotech industry has no reason to fear Big Pharma....at least not just yet.
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1 comment:
I don't think Biotech has much to worry about.
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