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The California Stem Cell Report
Burrill Says Biotech Industry Profitable for First Time in History

Burrill Says Biotech Industry Profitable for First Time in History

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David Jensen
Feb 23, 2009
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The California Stem Cell Report
Burrill Says Biotech Industry Profitable for First Time in History
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The big headline from the influential Burrill & Company merchant bank is "Biotech Scores Black Ink" for the first time ever.

According to Peter Winter(see photo), editor of the Burrill Report, the biotech industry turned profitable in 2008. Winter made this "startling discovery" after analyzing the numbers for 360 publicly traded biotech companies. Pres…

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