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February 3, 1990 | LINDA WILLIAMS, TIMES STAFF WRITER
For most of the 15 years since the term biotechnology burst into the public consciousness, the "industry" has been little more than hype and hope. The first of the hoped-for products have finally made it to market, but biotechnology is still a very young industry--at most a toddler finding its way on still wobbly legs. Biotechnology is "nowhere close to a mature industry," said Howard E. (Ted) Greene, former chairman of Hybritech Inc.
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BUSINESS
February 3, 1990 | LINDA WILLIAMS, TIMES STAFF WRITER
For most of the 15 years since the term biotechnology burst into the public consciousness, the "industry" has been little more than hype and hope. The first of the hoped-for products have finally made it to market, but biotechnology is still a very young industry--at most a toddler finding its way on still wobbly legs. Biotechnology is "nowhere close to a mature industry," said Howard E. (Ted) Greene, former chairman of Hybritech Inc.
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BUSINESS
July 24, 2011 | By Andrew Leckey
Question: I am a disgruntled Bank of America Corp. shareholder. Is there reason to expect improved results? Answer: The question for shareholders is how quickly the company can put mistakes behind it, significantly improve its controls and use its enormous size to greater advantage. It became the biggest U.S. bank after acquisitions of Countrywide Financial and Merrill Lynch, but in coming months it's likely to slip into second place in assets, behind JPMorgan Chase & Co. Sluggishness stems from bad loans from acquisitions and from lax practices in the past.
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