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People & Business :: Earnings/Finance

German biotechnology: confident for 2014

9:13 AM MDT | May 21, 2014 | Michael Ravenscroft

Biotechnology companies in Germany are expecting “moderate growth” in turnover for the year 2014, according to a trend survey conducted among member companies of the German biotechnology industries association (DIB; Frankfurt). “The results of the survey give reason for optimism,” says Matthias Braun, DIB chairman. “Biotech companies had a good start in 2014, [with] 62% of companies anticipating even better business in the months to come. Roughly one third of the respondents think their business situation will remain...

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