In response to:

Don't Let Obama Kill "Pills for Profit"

nawlins72 Wrote: Jan 29, 2013 6:01 PM
But as Bastiat argued, the Jack's of the world will see the businesses that DO exist in highly regulated areas and exclaim "See!! Regulations don't hurt investment. Look at these businesses!!" And ironically, it's the Jack's of the world that rail against these very same companies for colluding with government and "price gouging" and being "multi-national corporations" and blah, blah, blah.

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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