Obesity Drug Makers Fine Tune Potential Blockbusters
NEW YORK, NY, Jun 22, 2011 (MARKETWIRE via COMTEX) -- The biotech industry is generating significant investor interest this year as an influx of new and lucrative therapies work their way towards regulatory approval. Analysts believe pharmaceuticals should remain one of the widest-margin industries, with prospects enhanced by demographic growth in the elderly and new drugs stemming from discoveries in biotechnology. The Bedford Report examines the outlook for companies in the biotechnology industry and provides stock research on Arena Pharmaceuticals, Inc.
Obesity drug makers continue to battle through the approval process, fine tuning their potential blockbuster products in hopes of finally earning FDA approval. Due to the overwhelming percentage of overweight Americans, an effective and safe weight loss drug is seen to have astronomical earnings potential.
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