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Biotech / Medical : Microcide Pharmaceuticals (MCDE)

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To: jay silberman who wrote (65)5/30/1997 6:31:00 AM
From: jackie   of 186
 
To all,

Saw the story this morning in the Rocky Mountain News. This is an indication we are much closer to returning to the non-antibiotic age than any of us may have thought.

Read Lewis Thomas in his book "The Youngest Science". The science referred to there is medicine. Read his description of what it was like to practice medicine before antibiotics. All doctors could do was diagnose a disease and then predict the outcome. Without antibiotics, the outcome would usually be pretty grim. Then came antibiotics. Everyone was amazed. The doctors were the most amazed of all. They could actually intervene in the disease process. He believes modern medicine, with its interventionism was born at that time. With the loss of these tools, does that mean medicine will lose much of its aura of invincibility?

No, the story has not yet caught on with the general public. Most are still living in comfortable ignorance about how close we are to some real plague years. When the beast of public opinion is finally aroused, there is no limit to the pressures to be applied to find 'a solution'. The public will demand something be done and don't bother us with the details.

That will be the golden era of bio-techs in general and antibiotic companies specifically. FDA rules will be bent or even set aside due to the 'national crisis'. All kinds of special funding will be made available. Heavy PR campaigns will get underway calling for volunteers for Phase I testing. Your local news channels will have human interest stories like a little boy's struggle with a bacterial infection and how the doctors are even using drugs in the experimental stage in a last ditch effort to save his life. There will be the inevitable corruption stories about misdirected funds, charges of technical incompentence, ethical questions raised about this that and the other. Get ready, it will come just as certain as bacteria have acquired resistance to antibiotics.

But not now. The public is in two states of mind right now. Ignorance and denial.

Now is the time to be buying well run bio-techs like Microcide, Xoma, Isis. One or more of them will hit the magic combination or at least appear to.

Regards,

Jack Simmons
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