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Politics : Politics for Pros- moderated

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To: Bill who wrote (344476)1/20/2010 12:35:57 PM
From: DewDiligence_on_SI  Read Replies (1) of 793958
 
>An open market policy would force drug companies to competitive balance their pricing to the point that US consumers wouldn't be on the hook for subsidizing all their R&D.

That’s wishful thinking, my friend. The drug importation issue is all grandstanding and no substance. In any event, the issue is now moot because Obama’s handpicked FDA Commissioner, Margaret Hamburg, is opposed to the idea.

p.s. I’m a professional biotech investor.
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