Word: hype
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...Pharmaceuticals in a $7 billion deal that would create the world's third largest biotech firm. The idea, says Mullen, is to "bring business discipline to science and medicine." In other words, he wants to inject a sobering dose of planning and budgets into an industry that has more hype than earnings in its bloodstream. Mullen's vision didn't immediately play well with biotech investors, many of whom prefer the promise of blowout growth to steady profits. Shares of both companies dropped sharply. Biotech's allure since the benchmark Genentech ipo 23 years ago has been its promise...
...Pharmaceuticals in a $7 billion deal that would create the world's third largest biotech firm. The idea, says Mullen, is to "bring business discipline to science and medicine." In other words, he wants to inject a sobering dose of planning and budgets into an industry that has more hype than earnings in its bloodstream...
Biotech stocks soared in 1990-91 amid a flood of early-stage drug hype and IPOs. The vast majority of the drugs and companies soon failed, and the stocks crashed. Another bubble surfaced in 1999-2000. While everyone was focused on the run-up in Internet stocks, biotech shares rose twice as fast, largely driven by excitement over the mapping of the human genome. In the 18 months before March 2000, the American Stock Exchange's biotech index rose 563% while the NASDAQ rose 238%. Both plunged in the next two years...
...blind, vengeful rage that claims thousands of innocent lives. But the perpetrators aren't foreign religious extremists?they're disaffected local teens delivering the knockout scene in this year's most anticipated Japanese movie. Battle Royale II opens in Japan this month amid a deafening buzz of hype and expectation, and with one question looming over the rest: will the sequel generate as much outrage and controversy as its predecessor? "I hope so," says the film's director, Kenta Fukasaku. "The more strongly people react, the better...
...There was no detail [to the proposal]—a lot of hype and buzzwords,” Meister said. “This is where many of my colleagues lost...