business confidence

Same to you vulture and all other OBJ posters !

On a positive macro economic note, CEO's of global companies attending the annual conference in Davos are very confident about global growth in 2011, with high confidence levels at 48% returning to 2007 pre-crisis levels.

The survey confirms the prediction of one high-powered hedge fund manager at last year's World Economic Forum in Davos, who said that 2010 was the year for investments, while "2011 will be the year to make money".

http://www.bbc.co.uk/news/business-12279764


This applies to OBJ in particular as the biotech sector has the much discussed patent cliff event of the large pharmas on their side, the need for innovative delivery systems to extend lifecycles of those drugs which patents expire, to drive mergers, partnerships and license deals in probably unprecedented levels in an apparently supportive global climate.