Biotech Values

[Biowatch]

Putting ego before science?

Many researchers start small biotechs because they think they have a great idea, plus it pays a much better salary than academia or government labs.

In essence, a lot of small biotechs are just research labs that couldn’t get enough government funding to make a go of it, so went to the public market instead.

To be fair, the government is not set up to run a commercial company, and academia is strapped for cash, so if they can succeed on their own, then that’s great.

If not, it’s the shareholders left holding the bag.