BIOTECanada: Biotech Industry Starts 2010 on Upbeat Note as Survey Reveals Improved Cash Situation for Firms

OTTAWA--(BUSINESS WIRE)--Canada’s biotech industry is back in gear doing deals at BioPartnering North America and a recent survey finds renewed optimism amongst industry CEOs. The economic situation in 2009 created a new-found flexibility in the sector, as firms restructured and pursued innovative deals and partnering options to survive. Today, firms are in a better situation financially than in December of 2008, and are starting the year on a relatively upbeat note.