Analysis: Biotech's bull run starts to look frothy

[riky]

Analysis: Biotech's bull run starts to look frothy

By Deena Beasley (Reuters) - Biotech stocks are so hot that even some of the bulls are starting to find themselves on edge. An index of biotech drugmakers' shares has climbed nearly 50 percent in the past 12 months to all-time highs as the industry starts to launch drugs developed by identifying genes associated with disease - a revolution made possible by decoding the first human genome more than 10 years ago. ...

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