This why you can't ignore what the broader markets,the sector,and economy is doing...no company is immune.
'Unprecedented' Biotech Bankruptcies Erupt Amid Finance Crisis... Nov. 21 (Bloomberg) -- The global economic crisis has cut funding for biotechnology companies to the lowest level in a decade, triggering bankruptcies and threatening development of drugs based on biomedical breakthroughs.( more on Bloomberg.com)