Health Affairs Blog

Health Affairs Blog: "Biotechnology firms constitute a subsector of the larger pharmaceutical industry (“drug companies with needles,” we call them), but to date have been spared from the blood sport of American health punditry, pharma-bashing. While drug firms routinely are castigated for their sins, real and imagined, biotech firms have been appreciated as innovative and entrepreneurial startups (rather than, say, rapacious dinosaurs with me-too molecules that overmedicate teens, overmedicalize social problems, and prostitute the Food and Drug Administration). But, given the free-floating hostility in health care, where everyone feels he is paying too much and getting too little and that someone else is to blame, biotech’s 15 minutes of fame is coming."