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Biotechnology -- Political and Legal Intrigues |
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Biotechnology -- Political and Legal Intrigues
JOHANNESBURG, SOUTH AFRICA--(Marketwire - April 13, 2010) - www.rothmanresearch.com - Politics and legal rulings have major influences on how the biotechnology sector performs. If you consider politics, at times it can have a restrictive influence, similar to the time the Bush Administration imposed a ban on government funding for human embryo research; at other times it can have a financially adverse effect on the sector as experienced in year 2000, when the biotechnology sector, in two days, lost about $50 billion in market capitalization, following President Clinton's announcement that genome research data should be freely available to every researcher; and sometimes political decisions can seem to be positive as it has been so far, ever since the passing of the healthcare reform by the Obama administration.
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