Tough criticisms rise as biotech matures

Thirty years ago, the business of biotechnology amounted to a handful of scientists, a few brave investors, and a bold, if unproven, idea: By tweaking genes in a lab, you could transform the process of making drugs.

Today, biotech encompasses hundreds of companies around the world and is a marquee industry in New England, where political leaders gush over its ability to create jobs and draw investment dollars to Massachusetts.

But even as biotech revels in its successes, the business is facing a new challenge: criticism for its real-world effect on healthcare spending and agriculture.

Source:  Boston Globe


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