>>It may be time to construct a table of drug/biotech companies who have not had a layoff in the past 18 months. Off the top of my head, I cannot think of many.<<
To my knowledge, 4 of the 5 drug/biotech companies I follow have not had a layoff in the past 18 months: HGSI, INCY, ONXX, GERN.
(BTW - just because I follow a company, it doesn't mean I own it or am bullish about it!)
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