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12:00 AM
Oct 06, 2003
 |  BioCentury  |  Finance

Good batting average

3Q Wrap-Up

Good batting average

For the third quarter in a row, product approvals out-numbered significant late stage setbacks. Investors were happy to keep investing, which was reflected by the BioCentury 100's 8.4% gain on the quarter, putting it up 36.1% on the year and making it the best performing index of those tracked by BioCentury (see "Index performance").

As a result, money is finding its way into companies of all shapes and sizes. All market cap groups added more than 6% during the quarter, and the...

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