Back in April 2011, at a biotech conference in San Francisco, a panel convened to discuss how hard it was to build biotech companies that could push through long, costly clinical trials before a drug comes to market. One panelist hedged to say, well, at least the financial reticence had a silver lining: there was no danger of a bubble. Biotech venture veteran Camille Samuels responded, “Hey, I’ll take a bubble!”
Image: http://www.xconomy.com
