Biotech Values

[microcapfun]

>>

>Is 2009 going to be the year for bios?<

Could well be. The tailwind is in place:

1. Big Pharma are sitting with huge cash hoards on their balance sheets earning a paltry after-tax interest.

[etc.]

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But in 2009 there will likely be a large number of extremely cash-desperate biotechs with horribly depressed stock prices and difficulty accessing the credit markets.

If they can avoid bidding wars, Big Pharma can pick these off for pennies on the dollar.

Or at most dimes on the dollar ...

micro