Wednesday, October 28, 2009

Biotech Boom or Curse


I had gone out for a long vacation this time of year for Diwali and Kali Pujo(Both Indian festival) and then had been to Santiniketan (Rabindranath founded Vishwa Bharti University there in early 1900's)......So feeling fresh and back to Business development......Yesterday was going through the pharma updates in various papers....Again this quarter GSK has again become active in the cancer domain and lot of small and medium size licensing happening again in this anti cancer biologics domain.....What took me by surprise at one end Roche is planning to hire 70 scientist for its NJ campus for Arthritis research and around 2-3 months before it had given pink slips to around 300 people in its west coast California based research center including scientists and technicians......Has Biotechnology become Boom or Curse for people?

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