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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Cogito who wrote (116029)	7/21/2009 1:25:49 PM
From: Steve Lokness	Read Replies (1) \| Respond to of 541957

Allen; , I think it would work out well to have the government reward the small biotechs if they get results, Darn. I have to go and would like to spend more time on a reply. Biotechs for the most part are huge drains of cash - from investors. Only occasionally does one make it big and reward investors and scientist alike. If the government takes this over, government would also have to fuel these huge cash drains that just gobble up feroucious amounts of cash through all the failures. In investor land those investors get nothing. I have held several biotechs that have gone away to biotech heaven. the number of new cancer cases annually in the US is over a million and a half. Yes of course, but there are a bunch of different cancers and different therapies for each one. Even in the same cancer - different people need different drugs or therapies. Personalized medicines if you will. Huge HUGE new potential for cures. steve