Investing in the medical industry

[italkcash]

Without doubt a huge industry, providing millions of opportunities for investors and money managers. The industry is on a verge to solve some of mankind's biggest challenges in curing some diseases such as AIDS/HIV, Cancer and many other life threatening disabilities the human must endure.

The industry is a vast investment venture ranging from pharmaceutical investments to research investments which could be truly holy grails.

As biotechnology emerges into the world of the nano scale, medicine is more than just injections and pills. Patents and licenses in the medicinal industry is a powerful aspect of it, and broker companies could potential become an interesting investment as they could hold all the important cards for sales.

For news look on the following resources: Home - NanoMedicine Network

For industry related data look on the following resources:
BioPharm Insight - Daily Drug Pipeline Updates & Detailed Pharmaceutical Company Profiles

Debate the subject if you had any luck with investments of this kind and what the profit was in certain cases.

[MoneyMaker]

I wasnt the one who made the profit, But my dad is the manger of the department that uses IT and Machinery in a General Hospital. And me being an engineering student, he showed me a proposal from a company to study the hospital and put a PLAN to integrate a communications system and network throught the hospital
The propsal covered all aspects, starting from managing employees and doctors, untill facilitating remote surgical operations using conferencing and satellites.

Only the plan was estimated to cost 47,000 Egyptian Pounds. Just the study Plan, and a budget of 600K-800K was estimated for the project establishment, right now the study plan is in progress, but I just wanted to share with you how big money is in that field, away from Medicine tools and machines, which ofcourse will cost alot more than that.

[italkcash]

Yeah just equipment for the industry is big bucks. I think investing in projects related to the medical industry are a sure hit, and will for sure give the investment back unless someone screws up completely. The best idea for this business is probably to purchase the stocks and not engage in a project unless you know your way around it or have a good friend with experience in the medical industry.