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Biotech funding crisis is "systemic, deep and protracted", say Ernst & Young
06 May 2009
Christopher Spillane

christopher.spillane@informausa.com

The US biotechnology industry was profitable for the first time last year but more companies are likely to sell themselves or go out of business, a new report has found. Ernst & Young's annual industry review found that the US sector had a full-year profit of $400 million.

The consultancy...



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