SmartTrend has looked at the biotech industry to determine which companies are the least efficient. Using revenue per employee (RPE)--a ratio useful when comparing a company against others in its industry--SmartTrend found the five public companies that have the lowest efficiency relative to the size of their workforce. As is the case for many biotechs, these companies have little or no revenue but have spent million of dollars--and multiple years--moving drugs through the clinical trials...