> I was surprised, then not surprised, to read from an article by
> Jeremy Rifkin that insurance companies have reported declined
> (quietly) to insure the life sciences companies for longterm
> catastrophic loss. (snip)
> the companies have not filed for protection
> under the same US act which shields the nuclear industry from
> liability in the event of catastrophic damage. (snip)
> They seem to have cut (or declined to cross) all their bridges,
> which leaves me to wonder if they are planning to pull a
> "Chrysler", and expect to be bailed out with our own
> (taxpayers) money?
I don't see the mystery in this. Biotech companies honestly don't think the
risks are great enough to warrant the kind of insurance you envision.
Dale
To Unsubscribe: Email majordomo@ces.ncsu.edu with "unsubscribe sanet-mg".
To Subscribe to Digest: Email majordomo@ces.ncsu.edu with the command
"subscribe sanet-mg-digest".