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Biotech Shows Glimmer of an Upward Trend
BioPharm, 07/21/09
The markets closed out May in positive territory following their April performance, which was their best month in nine years. The Dow Jones industrial average posted its third straight monthly gain, closing up 4%, with the NASDAQ close behind—up 3.3% in May. This positive market trend helped biotech; the Burrill Biotech Select index posted a modest monthly gain of 0.4%.
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