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Aug 31, 2005

The hazards of biotech

With two regulators looking on, IR at life sciences companies is getting a lot more complex.

Unlike other heavily regulated industries in the US, the stakes seem more dramatic in the high-risk life sciences sector becauseit is under the watch of two federal regulators: the SEC and the Food and Drug Administration (FDA). ‘Biotechs are subject to more scrutiny than most companies because of the FDA,’ acknowledges Arthur Gabinet, district administrator of the SEC’s Philadelphia office. ‘Because biotech companies’ financial futures are so heavily dependent

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Betsy Pisik

Award winning journalist, staff and freelance writer, ghost writer, speech writer, researcher
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