BioCentury on BioBusiness,
Back on The Street
Monday, October 31, 1994
Mabon Securities analyst
Jacqueline Siegel produced her first report, an overview of the industry, since
returning to Wall Street following her stint as CFO at Isis Pharmaceuticals Inc.
It is clear, she said, that the sector is in chaos. The former H&Q analyst
said she isn't convinced that mergers among small firms will occur at a rate
sufficient to prevent corporate failures, despite the synergies that could be
Many of the problems that have surfaced among biotech companies in recent years
have their genesis in the belief that an understanding of the basic biology of
a molecular disease should translate directly into
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