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Biotech / Medical : Biotech Valuation -- Ignore unavailable to you. Want to Upgrade?

To: keokalani'nui who wrote (7678)	1/8/2003 5:16:25 PM
From: Sam Citron	Read Replies (1) \| Respond to of 52153

Could you please provide a link to Professor Christensen's keynote address? Thanks!

To: keokalani'nui who wrote (7678)	1/9/2003 11:37:16 AM
From: Biomaven	Read Replies (2) \| Respond to of 52153

Thanks, Wilder. Interesting speech, but I think he underestimates the resistance to change in the medical profession here, aided and abetted by the hospitals and the lawyers. The speech reminded me of an interesting book I read by a local author - Complications: A Surgeon's Notes on an Imperfect Science by Dr. Atul Gawande. One of his chapters describes a small hospital in (if I recall correctly) a Scandinavian country that is the best hospital in the world for hernia repair. They do it twice as fast as others, with fewer complications and recurrences than anywhere else. The surgeons that perform the surgery were not even trained as doctors, and this is the only surgery they perform. Could never happen here in the USA, but does illustrate what you could do if you were allowed to try to "industrialize" medicine. Gawande also describes an expert system that proved better than one of the best ECG readers in the world at determining whether a patient had had a heart attack. Unfortunately I could well see legal liability issues hindering the use of such a system here. Peter