What new developments are worthy of investment that are coming out of the biotech arena?
I’m glad you asked that. I really think that what’s going to be hot in the next three to five years in the medical arena is not what new genomic discoveries might be made, but how we can produce these wonder drugs in sufficient quantities to satiate the demand created by our population. In the last couple of years, some stocks went crazy because they could help pharmaceutical firms discover more drug candidates. Now the bottleneck is how you process a swimming-pool amount of brew into a dribble of valuable drug. I personally think separation technology is one area that needs more exploration. I don’t have any really good investment ideas at this point, but I know it’s an area that the biotechs and the drug companies are falling over to help proffer new solutions. One idea, which I own but would not recommend, is a company out of California, called Sepragen (SPGNA ). It’s an operating disaster, but extraordinarily elegant technology. I want everyone to know that my opinion is biased. Q:
