June 15, 2006 (Vol. 26, No. 12)
Strong Points: Very interesting approach
Weak Points: May be hard to interpret
Want the scoop on where the biotech industry is headed? If you’re a stock market player interested in biotech, you probably do. Short of insider trading, what can you do? One approach is the rather awkwardly named aWare Biotech/Pharma Edition site that uses web-mining techniques to analyze corporate job advertising in an attempt to uncover market directions and R&D strategies, sales/licensing prospects, investment opportunities, and job market trends. Whew! Is that a tall order or what? Visitors to the site can select topics or companies and look at rankings of topic areas or trends in hiring/advertising, etc., over selected time periods. There is an amazing amount of data being analyzed, and a good deal of the site appears to be free. A site almost certain to appear on the bookmark list of biotech investors.