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Replies to #46928 on Biotech Values

rsox

05/18/07 3:53 PM

#46930 RE: DewDiligence #46928

"Israel's biotech industry is stuck at the preclinical stage"
A special report by senior life science industry chiefs and investment group Glenrock paints a gloomy picture of the Israel's life science industry.
Gali Weinreb 17 May 07 16:18
On the face of it, Israel's biotech industry has never looked better. It is difficult to argue with the success of companies such as Omrix Biopharmaceuticals Ltd. (Nasdaq:OMRI), Colbar Life Science Ltd., and Quark Biotech, as well as the variety of new companies that have been sprouting up like mushrooms after rain, in complete disproportion to the size of Israel's population.

http://www.globes.co.il/serveen/globes/docview.asp?did=1000212982