Biotech Values

[jbog]

Dew,

The key question of course is that will the emerging market 'growth' add to the companies existing developed world sales or merely replace it.

In looking at the bottom lines and using real numbers instead of percentages it looks like a replacement situation in most cases.

The real winners at this point are the raw material producers because they have the supply and pricing power. There will always be specific luxury companies that'll benefit from the new wealth.