Saturday, November 06, 2004

Biotech and stem cell research issues in US elections

href="http://www.technologyreview.com/blog/blog.asp?
blogID=1637&trk=blog" target=_blank>California (not surprisingly)
passed legislation supporting the funding of stem cell research. 4
counties also had measures on the ballet that would have banned GMO
crops. Only 1 passed, in Bay area Marin County.

href="http://www.marketwatch.com/news/story.asp?
siteid=mktw&dist=moreover&guid={B112015E-A9E7-4E41-BEEC-3C8DCE213651}"
target=_blank>The reaction of biotech companies' (especially pharma)
stocks to Bush's reelection

One thing that seems strange is
the stem cell research related stock sell off, reportedly due to both
the California legislation and Bush's win. While the Bush
Administration has been against funding stem cell research, why the
California measure in support of this research would have a negative
effect, I don't know.

posted by ryan griffis  # 8:26 PM

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