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Biotech / Medical : Biotech Valuation

CRSP 53.51

-1.3%

Jan 16 9:30 AM EST

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To: Biomaven who wrote (2137)	11/26/2000 11:19:18 PM
From: Miljenko Zuanic	of 52153

<<The big worry is that health care costs are increasingly a giant black hole that will suck up any and all resources that come anywhere vaguely near sucking distance. This is only going to get worse as better and fancier drugs get discovered and organ engineering or xenotransplantation becomes a reality.>> The economic price of any new drug should be partially evaluated by economic benefit it provide. For instance, one day in Mexico hospital does not cost $3-30K. Total medical and health care cost will definitely growth at close to +10% rate for some time, imo. The only way to control this is COMPETITIONS, not GOVERNMENT regulation, again imo. Also, this may be relevant to tread. Message 14884028 Miljenko

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