4. The Biotech Revolution Is Changing the Face of Healthcare: What It Means for Medicine and Investors
As seen in Chapter 3, “The Healthcare Crisis in America—How We Got to Where We Are,” the pharmaceutical industry has taken us far in terms of improving health in this country and around the world. Still, that doesn’t mean there isn’t room to improve. The question is how can we go from treating diseases to curing them? The answer lies in moving away from treating symptoms by taking drugs to curing diseases through biotechnology.
How We Have Produced Drugs in the Past
For most of history, the pharmaceutical industry has operated by finding a substance in nature, such as tree bark, that appeared to have an effect on disease and then chemically ...