TITLE

Biotech Blues

AUTHOR(S)
Langreth, Robert
PUB. DATE
January 2009
SOURCE
Forbes Asia;1/12/2009, Vol. 5 Issue 1, p35
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the impact of economic downturn on the biotechnology industry in the U.S. It is stated that two dozen of biotechnology companies have announced layoffs in last two months of 2008, while others are closing down nonessential programs in a desperate bid to survive. The industry has joined the list of supplicants hoping for a federal bailout of sorts in the country.
ACCESSION #
36271606

 

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