Word: profitabilityã
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Dates: during 2002-2002
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...further problem with making comparisons between the high technology and biotechnology is that the pace of discovery—and eventual profitability??€”is much slower than with easy-to-manufacture microchips. Products such as drugs take decades to pass through strict government reviews. Europeans refuse to eat genetically engineered food. Biotechnology is less of a Silicon Valley-style gold rush than a minefield where only the truly exceptional companies can turn a profit before they burn through all their capital...
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