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Nature Biotechnology 20, 1065–1066 (1 November 2002) | doi:10.1038/nbt1102-1065b

Biotechs hold their own in shifting industry

Peter Mitchell

Investors' confidence in the big drug companies is being badly shaken by the widening rift between the pharmaceutical industry and the biotech sector, according to industry analysts. The changed landscape is tempting more biotechnology firms to steer clear of what may turn out to be unprofitable partnerships with the large-cap pharmaceutical sector—provided they have the cash.