Showing posts with label drug companies. Show all posts
Showing posts with label drug companies. Show all posts

Saturday, July 11, 2009

How Barack Obama is going to endanger stem cell research...and other medical research and innovation

The truth is, despite the great promise of new medical technology out there now, in terms of new cancer treatments, biotechnology, nanotechnology, and more, the potential marvels of the next twenty years will never be developed unless some developer thinks there's a market.

And with bureaucrats in charge of deciding what treatments to pay for, the existence of such markets will be much less certain. Oh, sure, federally-funded medical research will still go on at the NSF, NIH, etc. But turning that research into actual products is a different story.

My family benefited from innovative treatments that probably wouldn't be around if the United States had adopted socialized medicine when that was first proposed over half a century ago. In 20 years from now, a lot more treatments -- and, probably, dramatically better treatments -- won't be around if we adopt a national healthcare program now.

It's ironic that the same Democrats who were pushing the medical prospects for stem-cell research during the last election are now pushing a program that will make such progress far less likely.
Glenn Reynolds on the hidden cost of national health care

Tuesday, June 23, 2009

White House Can't Explain More Than Half of $80 Billion in Drug Savings

White House Press Secretary Robert Gibbs said Monday details on non-donut hole savings remain to be negotiated between the drug companies and the Senate Finance Committee.
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