Prostate Cancer

Biotech Shows Glimmer of an Upward Trend

Published in Cancer Weekly, June 16th, 2009

The markets closed out May in positive territory following on from their April performance...which was their best month in nine years. The Dow Jones industrial average posted its third straight monthly gain closing up 4 percent with the Nasdaq close behind - up 3.3 percent in May. The positive market trend helped biotech with the Burrill Biotech Select Index posting a modest monthly gain of 0.4 percent.

"There is just a glimmer of an upward trend for biotech as evidenced by the performance of the Burrill Mid-Cap Biotech Index, whose members have been particularly hard hit during this economic downturn," said G. Steven Burrill, CEO, Burrill & Company, a San Francisco...

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Source: Cancer Weekly (2009-06-16)

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