Friday, July 16, 2004

Cuba - U.S. Allows Cuban Biotech Deal

Sometimes politics is put aside for the good of mankind.

Three experimental cancer drugs created in Havana will be developed with U.S. approval. Cuba has spent $1 billion building a biotechnology program "that is the most advanced in the third world."

The U.S. company, CancerVax, will develop the drug in the U.S. in its Carlsbad laboratories and will share profits with the Cuban government if any of the drugs are approved for sale in the U.S. At the insistence of the U.S. government, instead of cash, CancerVax will pay Cuba in food and medicine.

I have mixed emotions about doing business with Castro. A cure for cancer or something on the same level would be the only reason for my approval. Good luck, CancerVax. We hope you are successful in removing this scourge from us.

Read the rest.


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