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The Biotech indices have bounced 30% in 30 days (June 16-July 16) as over-sold conditions and biotech/drugs being immune to economic/recession fears have attracted new fund flows.
John McCamant was named editor of the Medical Technology Stock Letter in August 2000. He has spent 35 years on the front lines of biotechnology investing as an equities analyst and in venture capital. His expertise in biotechnology investments is a subject of media interest, and he is frequently consulted and quoted by The Washington Post, BusinessWeek, Reuters, and Bloomberg.
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