Seattle capitalists Bill Gates and Jeff Bezos announced today that they are investing in Grail, a company that hopes to find the Holy Grail, a way to detect cancer early by examining blood. President Obama has stopped a competitor, Pathway Genomics, from marketing their $300 cancer detection test because his bureaucrats don’t like their product and the way that it is marketed. As I noted in my last post, Obama is content to allow aircraft makers to improve their products but he insists on harassing and terrorizing people trying to improve health care.
Although Europeans is hopelessly behind the USA in information technologies, they are ahead in many medical technologies because their governments are less tyrannical. For example, Dr. Ioannis Papasotiriou, an oncologist, has developed an expensive test to detect cancer using a blood sample.