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Re: [Pen-l] Crop Scientists Say Biotechnology Seed Companies AreThwarting Research



The Biotech model is experiencing severe problems at present given that it's built on credit secured on the promise of future earnings. With drugs being pressured both by genetrics and by a seeming inability to turn gene mapping into successful products, the credit, be it debt or shares, appears to be drying up.

The next few years will be a period of intense M&A activity in the pharma industry and it'll make an interesting study of capital movement in a crisis situation.

Simon Ward

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