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With Signs of Life, the Biotech Sector Will Hang on in 2010

BIOTECH: Companies Scramble for Cash and Suitors

Marty Graham, SAN DIEGO BUSINESS JOURNAL

Monday, December 21, 2009

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Kelly Cunningham, an economist and senior fellow at National University System’s Institute for Policy Research, agrees that the trend of mergers and acquisitions will continue. “Our big thing in San Diego is we’re very good at starting up — the research and new discoveries,” Cunningham said. “Once the research shows promise, the big companies come in and buy them up.”