Episode 62
Biotech Hangout
00:00
The Impact of M&A on the Capital Markets
Otello: It's obviously a healthy part of the capital market cycle here. I think interest rates are just keeping it dampened down. If you're a large institutional investor, if you can buy a bond that pays 5% and sleep at night without worrying about trial results or binary events, that's a pretty compelling return. Nutello: We probably should never go back to the kind of ultra low interest rates that we had for many years.
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