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Renewable Energy vs. Biotech...Biotech is Losing

Original post made by Real Jobs, Pheasant Ridge, on May 1, 2011

First, full disclosure, I am a fiscal conservative, registered Republican living in the NorCal liberal enclave. But…I think that if two people want to get married, they should have that right, no matter what sex they are. I also believe all women’s health care choices should be between her, her family and her doctor…heck, I even believe that families making over $250,000 a year might even be able to pay a little more in taxes…granted; only if our Government finally proves that they can be responsible with the extra revenue.

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Comments (1)

Like this comment
Posted by mellow fellow
a resident of Another Pleasanton neighborhood
on May 1, 2011 at 1:39 pm

@ Real Jobs:

First, it's wonderful to see someone take time to write such a deep and well thought out comment. It takes time and dedication. So, on that note I thought I would like to provide some feedback on your view of why pharmaceutical companies are hitting the all so to speak.

The game in pharma is to develop a hit drug. One that knocks it out for a home run. The fact is, they haven't really made a new big hit discoveries lately. (Do some research and you'll find this to be true). Because drug companies built a model on big rock & roll hits and the hits stop churning out... Blam! You got it! Crash. But in the pharma's case it's more of a thud.

My point is that the implosion is not due to some secret, conspiratorial scheme by California hipsters working in collusion with underground marketeers in the new energy field. It's the classic model and growth curve of a very greedy industry hitting the "all you can eat" wall.

But, I understand, we all want infinitely appreciating assets ... you know like homes, business, dreams and personal fulfillment. That pesky thing call Gravity kicks in and ruins everything.


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