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Archive for October, 2009

Cancer Research to be Better Funded?

October 4th, 2009 No comments

Referencing our previous post,  “The Need to Continue Funding for Cancer Compounds” about cancer drugs in development … President Barack Obama recently announced a plan to spend $5 B on medical and scientific research, medical supplies and upgrading laboratory capacity. The funds, to come from the $787 B economic stimulus package will “pay” for cutting-edge medical research in every state across America. Could we assume that the word ”pay” might equate to “investment”? Read more…

Categories: cancer, financings

The Heydays are Over – Evolving the Next Model

October 2nd, 2009 No comments

A recent MassBio report found the number of biotechs in the state increased to about 400 over the past 7 years and the number of employees increased from 30,000 to 40,000.  But the report also warned that 1/2 of the state’s publicly traded biotechs are in danger of running out of cash before the end of the year.

The effects of this current economic climate has put increased Read more…