Boy, today really really sucked. Pfizer investors and employees got screwed. Wyeth employees got screwed. Home Depot and Caterpillar are axing…who’s gonna build the new biotech plants? This is getting baaaaaaaaadd. Anyway, let’s take a look at what else happened today:

*UK cell therapy player, Intercytex is axing 75 peeps…uh, it’s cell therapy dude. BioSpace

*Great work at Genentech if you can get it! CNN Money

*Some Swiss biotech company says it’s “open to offers.” Uh, yeah…how do you spell DESPERATE? Reuters

*Biocryst, company with iron balls, looks to go public. Good luck. Birmingham News

*KV Pharma is having a bad life, err year, err day; recalls all its products. Yahoo!Finance

*Forma Therapeutics inks a $54M deal with Cubist. Congrats. Xconomy

*Struggling Advanced Viral Research hangs up its pipettes, axes everyone! FierceBiotech

Hopefully Tuesday will be much better…

Image from emofaces

Related Posts