Reply to List of the companies that have left or bypassed MoCo for NoVa

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Wasn't there some big thing two decades ago in MoCo about them becoming a hub for biotech? What happened to that? Seems like they're all in Frederick now.[/quote]

Meh, all mediocre biotech. There's astrazeneca, which is really the only top pharma company, but most of the other biotechs are very early stage companies that make almost no significant revenue.  The vast majority of those biotechs are going to fail.  Biotech is also notoriously unstable, and biotech jobs are much lower paying than finance, consulting, tech, etc.  So. Over. Rated.[/quote]

I doubt you know much about biotech since you skipped right over Novavax.[/quote]

Hahaha.

Why don't you look up Novavax's history of failure, reverse stock splits to save the stock from being delisted, and multiple dilutions in order to keep the company afloat.  They barely make a y revenue on their COVID vax that was many months too late too the party.  By the time they were able to launch anything, moderna and Pfizer already best them to the punch for the original strain of covid. They've launched almost no drugs in 30+ years of history.  Believe me, I know much more about biotech than you do.  Both from a science and business perspective.

MoCo's biotech sector is a big whatever.  95% prerevenue companies that are going to fail, barely make any revenue, and pay modest salaries compared to real tech that all of  NoVa gets.[/quote]

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