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Biotech / Medical : Essential Therapeutics (ETRX) formerly Microcide (MCDE
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To: John O'Neill who wrote (178)12/28/1998 7:31:00 AM
From: jackie   of 415
 
John,

Enjoyed your posting immensely. I have been waiting several years for the gradual increase in public awareness of this growing threat. It is only a matter of time before one of the 'super' bugs gets loose and starts killing large numbers of people.

Say what you will about the man, one thing Clinton has is a very well developed sensitivity to public perceptions. This increase in spending is the result of a combination of increased public concern and an apparent consensus forming in Washington that, if nothing else, mere prudence suggests some more public funding in this area.

Several biotech companies stand to benefit from this increased spending and attention. Microcide, ISIS, Xoma, to name a few. Going beyond the hopes of the investors, we should be glad something is finally being done about the growing problem of bacterial resistance to antibiotics. Only question is, is it enough?

Regards,

Jack Simmons
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