Credit Risk Management
Top 10 Biotechnology Risk Factors
March 15, 2012
As the biotech and biopharmaceutical industries grow in economic importance, driven mainly by investment capital, the credit risk factors associated with these research firms are coming into clearer focus.
May 27, 2011 was a big day for Optimer Pharmaceucticals, a seemingly high-risk biopharmaceutical company based in San Diego, California. That was the day that the U.S. Food and Drug Administration (FDA) approved the company's leading product candidate -- a drug called DIFICID