Re:Peter Thiel: There Are No Good Bets Against Globalization
by carbocation on Saturday September 04, 2010 @09:50PM
(#1663829)
Since money is predominantly allocated by insurance companies, not individuals, I would say that Pharma knows what insurance companies will spend money on.
[ Parent
| on HN ]
Re:Peter Thiel: There Are No Good Bets Against Globalization
by anamax on Sunday September 05, 2010 @03:36AM
(#1664187)
> Since money is predominantly allocated by insurance companies, not individuals, I would say that Pharma knows what insurance companies will spend money on.
Insurance companies are somewhat driven by what their customers want. If 20% want something, it tends to happen. Govt bureaucrats, not so much, and Congress rarely passes laws for 20% of the population.