Skip to content


The Future Home of Biotech?

leadimage

09/21/09 Marco Island, Florida

American companies, which readers of Breakthrough Technology Alert own, have developed the technologies needed to deliver truly breakthrough medical therapies. For example, the implementation of advanced stem cell therapies is actually relatively simple. Unlike the incredibly expensive and technically precise processes involved in cloning, stem cell propagation and potentiation can be done in a well-equipped high school lab.

So what have we been waiting for? The answer is A) the will and B) permission. The will exists, but the permission, in America at least, has to come from the FDA — an organization that is, apparently, well-meaning, but actually behaves like a protection racket for the existing pharm industries.

Well, that doesn’t work anymore. We live in a new globalized world with instant communications, a relatively free flow of capital and high economic growth where it never existed before. You can’t stop the signal. You can’t stop technological and medical process, though you can drive them offshore.

China has capital, drive and no guilt at all about economic growth and the so-called ‘income disparity’ that is driving our current administration and crippling our economy. The Chinese are playing catch-up right now, furiously running to advance technologically and economically. Look for American biotechs to explore collaborations outside the U.S.

Author Image for Patrick Cox

Patrick Cox

Patrick Cox has lived deep inside the world of transformative technologies for over 25 years. In the 1980s, he worked in computer software development and manufacturing. By the mid-1990s, he worked as a consultant for Netscape — the company that handled 90% of all Internet browsing traffic at the time. InfoWorld and USA Today have featured Patrick’s research many times. He’s also appeared on Crossfire and Nightline. This expertise bought him to Agora Financial, where he now heads Breakthrough Technology Alert, the only place you’ll find the truly transformational technologies that offer exponential gains.

The articles and commentary featured on the Daily Reckoning are presented by Agora Financial.

Sign Up for The Daily Reckoning e-letter and receive a copy of Bill Bonner's The Trade of The Decade report… at NO CHARGE.

  

We Will Not Share Your Email.
We Value Your Privacy.

Related Articles:


ShareThis

2 Responses

  1. Bill said

    And how, exactly, is our present administration’s guilt over “income disparity” crippling our economy. Shouldn’t we be worried that we are becoming more and more like Mexico and other third world economies where the bulk of the wealth and power are controlled by a corrupt elite? Where is Bernie Maddoff anyway?

    on September 21, 2009.
  2. daddysteve said

    Bernie would be at the Fed except he doesn’t think big enough.

    on September 21, 2009.

Some HTML is OK

(never shared)

or, reply to this post via trackback. Our Comment Policy.