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Tuesday, May 21, 2013

Health Care

News                                                                                                                             
WSJ | Gene Patents Drive Medical Innovation
The biotech industry began in 1978 when the University of California applied for a patent on the gene for the human growth hormone. Since that filing nearly 20% of the 20,000-plus genes in our DNA have been patented.

Econ Comments & Analysis                                                                                            
Heritage Foundation | Real Medicare Reform: Why Seniors Will Fare Better
Medicare reform based on a defined-contribution system of financing—commonly referred to as a “premium support” system—could slow or even reverse the growth in seniors’ annual premium costs.