Lots of possibilities, but I don't think Dale's surmise is the only
On 12/08/98 at 10:58:18 Wilson, Dale said:
>> 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.
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