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Like many biotechs, though, it bleeds cash.
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Many biotechs are trading near their all-time highs.
No doubt many biotechs were trading in bubble-land -- but not particularly Gilead.
Many biotech companies still encourage this activity.
But it has generally done better than many biotech stocks.
First, many biotech firms are creating similar and competing treatments.
"Many biotech companies have little or no distribution or marketing capabilities," Mr. Vroom said.
Only two years ago, many biotech companies were in financial trouble because investors had soured on their industry.
How many biotech companies are profitable? A. There are about 380 public biotechnology companies.
The success of many biotech companies over the last two decades suggests how such collaborations can work.
Once optimistic about the president's promise, many biotech companies and public health experts are now discouraged.
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