Biotechnology and biopharmaceuticals industries earn billions of dollars yearly and they make a great economic power for developers, supporters and shareholders who support them by trading their stocks through NYSE and NASDAQ. But the main question is how do biotech companies make money ?
Many biotechs intend to develop their drugs only so far on their own and then basically trade them to a larger drug company in exchange for upfront cash and future royalties. Other companies keep the marketing rights to themselves and build out their own sales force.
