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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: SirRealist who wrote (94047)4/7/2000 12:15:00 AM
From: Rock_nj  Respond to of 108040
 
The whole Clinton biotech thing has really been a misunderstanding from the beginning. What Clinton originally said (and had said previosuly) is that the basic genetic code should be public domain (not patentable). He never said that treatments developed using the basic genetic code were not going to be patenable. What he said on Wednesday was just a reaffirmation of previously public statements. I can't believe that the market didn't realize this simple fact. It just goes to show how willy nilly the market is these days.

BTW, making the basic genetic code part of the public domain might speed research and help some of the biotech companies easily obtain the information they need to develope cures.