Perceiving is believing

July 01, 2011  

Joe Edelman says investor biases create opportunities for his health care and biotech fund, Perceptive Advisors

In his first job as a junior biotech analyst in a small New York brokerage house, Joe Edelman spotted a company he was convinced would self-destruct. Cambridge BioScience of Worcester, Mass., had developed a five-minute AIDS test in the late …


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