Things looking up for biotech sector

Professional Adviser
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The current bidding competition for Oxford Glycosciences by Cambridge Antibody Technology and Cell...

The current bidding competition for Oxford Glycosciences by Cambridge Antibody Technology and Celltech is the most recent sign that things are looking up for biotechnology. Another came recently when I met a private client manager who wanted to discuss our fund because he had noticed that the Celltech share price had stopped going down. The support for biotechnology by some investors has been a combination of the biotech indices not revisiting their lows of July 2002 in the US and October 2002 in the UK. It also comes from the positive product, sales and profitability news c...

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