Human Genome's Risk-Management Math

Human Genome Sciences believes its lead in genomics--it claims to have nearly all human genes in its database--is already letting it beat the biotech odds in the clinic by allowing it to pick better proteins to develop and then follow them up with a virtually inexhaustible source of new candidates. Skeptics don't like the company's arithmetic.

by Roger Longman

As a group, all genomics companies promise investors a lower risk opportunity than they could get investing in most previous product-oriented biotech companies. Most saw, and still see, themselves as...

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