Biotech Values

[dewophile]

Macro concerns:

sorry, has been a bit long to read

On the contrary thanks for the detailed response and highlighting some of the concerns and flash points for the global economy.

So implicitly the current rules for Medicare and Social security mean quite a large comittment for the future. What will change? Maybe less benefits, changing the comittments? Maybe cost pressure for the health sector (ugh, in this forum, but actually good for society)? Possibly, but I have no idea over what time frame.

This certainly is most on topic for this board. Having said that drug costs are a very small portion of overall healthcare cost so while it has gotten the most attention, any serious attempt to reign in healthcare spending is going to have to start shifting attention to other areas of the system (Atul Gawande has laid this out beautifully in his New Yorker pieces)