Word: mehtas
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...either could as separate entities," says William Rastetter, ceo of IDEC. That's why a wave of mergers could sweep the industry. There are only about three dozen biotech firms that regularly make money today, but that number could triple by 2007, creating more attractive merger candidates, says Viren Mehta, principal at Mehta Partners, a global health-care investment group. Few of them, however, are outside the U.S., and Europe's biotech industry, which is viewed even more nervously by investors, is already being cherry-picked by more confident and cash-rich U.S. companies. In May, Chiron bought...
There are about three dozen biotech firms that regularly make money today. That number could triple by 2007, says Viren Mehta, principal at Mehta Partners, a global health-care investment group. Turning the corner on profits is more critical than ever, because large drug companies have tired of taking big risks in biotech and tend to shun early-stage research in favor of safer investments in drugs near approval or already approved. Bristol-Myers Squibb made a disastrous $2 billion investment in 2001 in ImClone Systems, which suffered costly setbacks with its cancer drug Erbitux before that drug...
Kublai Khan might have built a pleasure dome in Xanadu—but Jim Weatherall ’05 and Runal Mehta ’03-’04 have their own big designs in the works. The two have been working for months to found the new campus magazine, Xanadu, which will feature creative student fiction and non-fiction...
Weatherall and Mehta say they aren’t alone in wanting new campus publications, as recent years have seen several such attempts...
...still be singing with them this spring. “It wasn’t really the performance we wanted to get out of [the Fallbacks] in the first place,” he says, “but just the singing and fun.” Unfortunately, says Mehta, “The Fallbacks as a group are finished after our spring concert.” The last show is tentatively slated for just before spring break in the Straus Common Room. The group’s meteoric rise and fall may be finished with this farewell performance...