Wednesday, October 26, 2011

Biotech's new normal: Innovation but no VC money, risk

If there’s a new normal in biotech — and some would argue that we’re still trying to find that base — it involves fewer people, a lot less cash, less risk taking and labs full of enthusiasm.
A few events this week in the Bay Area are pretty illustrative: the BIO Investor Forum, Peter Thiel’s new fund for off-the-grid researchers and Thursday’s QB3-Deloitte Award for Innovation.

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