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biosectinvestor

01/02/19 12:42 PM

#206261 RE: Doc logic #206259

Thanks Doc. I agree with you on much that you wrote.

I don’t expect our political process is amenable to much innovation in the context that you discuss, and not for partisan reasons so much as complexity and a system that denigrates expertise and knowledgeable participants. I also think that there will always be a bias toward wanting to pay less for more. Hard to undercut that when everyone feels that pressure in their own day-to-day. Big wallets, of course, open doors in such a system, which is unfortunate but really the nature of this world in the US.

I don’t see immense innovation elsewhere, though much talk and show. Japan maybe... they are very focused on cellular treatments. DCVax might qualify and I think it’s well worth exploring. I’ve said that for years here. Not as big on China, or Chinese oligarchic partners.

Thanks as always for your thoughtful and gracious answer. Wishing you a very happy and wonderfully prosperous 2019!