Banning Biotech?

By Paul Kedrosky · Friday, October 16, 2009 ·

A slide from a presentation I’m doing today that could make a reasonable person wonder if about revisiting their fondness for biotech. In short, the mapping of the genome, and other such inflection points in this failure-prone industry, has done nothing to accelerate news drugs, while causing costs to escalate dramatically. That’s success?

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