Episode 205: An ominous biotech deal, vaccines for kids, & 'breakthrough' devices
The Readout Loud
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The Negative Enterprise Value of Biotec and Drug Companies
As of the early this week, there were a hundred and forty seven biotec and drug companies with a negative enterprise value. In january, that number was a hundred and 17. So as you're seeing, as the market deteriorates, as spiotec stocks fall, im you're seeing more and more of these companies traded who are having trouble raising money.
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