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Don't Let Obama Kill "Pills for Profit"

larsen14 Wrote: Jan 29, 2013 9:41 AM
Dear god, the stupidity of your comment is breathtaking!! When you stifel innovation people do die sooner. I give you the condition chronic smouldering pancreatitis from billiary dyskensia. Only 5% of the worlds poplulation have it. If it were not for cutting edge treatment and medication, and the financial rewards that come from becomming a brilliant doctor I and many other people would be dead. However, we will have the last laugh, because a whole bunch of people that think like you will die right along with us!!!!

Biotech company Excelixis CEO George Scangos likes to quote oil wildcatter JP Getty when asked about his philosophy for success: “Get up early; work hard; find oil,” he deadpans.

And under the direction of dry-humored Scangos, the San Francisco-based company is drilling a lot of research holes, so to speak.

They have to: Success in the biotech industry is measured incrementally, not in big steps. It’s a cash-and-time intensive industry where success is painstaking, rare and, because of Obamacare and other regulatory burdens from the administration, likely to become even rarer.   

According to Plunkett Research, Ltd in 2010 it...

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