Playing in Biotech -- A Primer

Investing in biotech stocks is a lot like investing in small-cap mining stocks or Silicon Valley startups. You have to kiss a lot of investment frogs before you find your "Prince" Google (GOOG) or Facebook.

If the original California gold rush was led by miners with picks and shovels, the biotech "gold rush" of the 1980s was more about Stanford and University of California, Berkeley scientists poring over test tubes in white lab coats. Founded in 1976, San Francisco's Genentech -- now owned by Roche -- was the industry's poster child, attracting a flood of "me-too" imitators....701 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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