Biotechnology outpacing pharmaceutical growth

From inpharma.com:

"According to a latest report, the growth of the biotechnology company will continue to outpace that of pharmaceutical companies, with the seven largest biotechnology companies growing at rates faster than the pharmaceutical industry's 9.1 per cent average.

Wood Mackenzie's 2004 Executive Guide states the leading biotechnology companies have evolved into integrated companies, retaining ownership of their developmental compounds and substantially growing their revenue streams in the process."