Doing Deals With Biotechs Fails to Yield Results?

Published: Jun 27, 2011

Here are some sobering numbers, especially for those wandering the halls of the annual BIO gathering that gets under way today in Washington, DC. The pharmaceutical industry spent an estimated $68 million less on drug R&D in 2010, a 3 percent drop from spending during the previous two years, according to data compiled by CMR International.

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