Bio Buzz: San Diego Anticipates $83 Million Cash Injection from Biotechnology Industry's BIO 2008 Conference
Posted on June 17, 2008 at 01:00 AM EDT
SUGAR LAND--June 17, 2008--Reported by Annette Kreuger, Industrial Info Resources (Sugar Land, Texas)--San Diego is hosting this year's annual Biotechnology Industry Organization's (BIO) conference (June 16-20), the largest gathering of key players in the biotech industry. Organizers are expecting over 20,000 attendees, including government officials, scientists and CEOs. This year, the pharmaceutical industry's presence is being felt more than ever. Faced with the stark realities of dwindling markets and expensive patent losses, Pharma has embarked on a wave of spending and research in the biotech sector that further blurs the lines between the two industries. Companies featured: Pfizer (NYSE:PFE)