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This paper is the F.D.A. and stock market effects on the biotechnology field.
The Food and Drug Administration said that it was eliminating special restrictions on drugs made by biotechnology companies in a step that could save the industry hundreds of millions of dollars and speed drug development. "We're wiping away the cobwebs and bringing our partnership with the biotech industry into the 21st century where it belongs," said the Secretary of Health and Human Services, Donna E. Shalala, who oversees the F.D.A. Biotechnology uses living organisms to create everything from slow-ripening tomatoes to complex gene therapy...
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