What's driving spate of spin-offs

What's driving spate of spin-offs

Even though biotechnology companies are themselves young, they frequently spawn new companies. With three new ones announced in the past week - Apoptosis Technology Inc. by ImmunoGen Inc., CollOptics Inc. by Collagen Corp., and Vaxcel Inc. by CytRx Corp. - BioCentury asked several managers what goes into the strategic decision to start a company versus keeping a project in-house...