This may roll out as a full consolidation, over time, between pharma, biotech and generics companies.

随着时间的推移，这可能会推出充分的巩固，在制药、生物技术和通用公司之间。

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The pharma and biotech sectors are at a pivotal point in their evolution.

制药和生物技术行业目前在行业整体转型过程中处于关键阶段。

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The big Pharma hasn't really done research for years but then he married in the biotech area and therefore biotech companies aren't that well run but they spent a great deal in research for the large molecule drugs.

大型制药企业已经很多年没有做过相关研究,但它却与生物技术领域合作,因此导致众多生物技术公司经业绩下降,但生物技术公司在大分子药物的研究上,却投入了很多。

耶鲁公开课 - 金融市场课程节选

However, investors should be careful not to distinguish too much between biotech and pharma.

FORBES: Matthew Herper On The Drug Industry

Retail has been strong, and there has been lots of great action in biotech and pharma stocks as well.

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Sarepta, the developer of a new muscular dystrophy drug with extremely promising results, saw its shares gain more than any other medical stock in my monthly scan of biotech, pharma, and medical device stocks.

FORBES: Sarepta Outperformed Biotechs In August Due To Muscular Dystrophy Drug