The Biotech Investor's Bible Quotes

“Washington-based industry lobby group, reported that in 1999 American biotech companies spent more than half of the sector's revenues, $11 billion in total, on research. No other industrial group spends anything near that proportion of total revenues on research, not even the major pharmaceutical companies, which are usually named as the world's biggest R&D spenders.”
― George Wolff, The Biotech Investor's Bible