The this saga continues on were getting more and more documents that are being released and the thing that theres a real striking dichotomy in my mind in all of this is that a lot of these facts have been known for a very long time that we have had allegations made for a very long time there was a trial of. Stand trial and was convicted of charges and then we have the Media Coverage of it in encino Prince Andrew. Bill clinton depending on what side of the island it was donald trump and i and this seems to me the theres so much focus a little of details which i think is a sad comment on our culture and looking for political advantage instead of looking at really what has happened the failure is law of Law Enforcement for decades go ahead jim decades or what you raise is i think the crux of our time right now and i do think that this is bringing it to light a couple things to say here are with respect to what you have now. Truthfully and accurately stated but a couple things to state one
It started it. It essentially was the industry which was unpacking the biology of cells and understanding how those biology cells could be used to make new medicines, a little different from what pharma was an pharma in the past was essentially trying out medicines on animals and seeing if they work and then put them into a human being a Clinical Trial process once we understood how the genes work, once we knew how to manipulate those jeans, a whole new ability to transform what we knew about cells into medicines came into being. This was areal revolution , and about in the 70s and walked through to the 80s and then now today there are approximately a couple thousand companies, about 700 of whom are members of bio, many are private. They are now much smaller industries in the europe and in asia and actually, these Small Companies although they are tiny and they represent no more than any one of the Big Companies in terms of numbers, theyre generating about 70 70 percent of all the medi
Ten year is yielding around 0. 65 . Yeah, 0. 648 30year is at 1. 383 andrew thanks, becky nice to see you. Meantime, civil Rights Groups involved in that meeting with facebook which we previewed for you yesterday right here on squawk, well, the companys platforms, they are calling that sitdown meeting disappointing. They say they were unable to get commitments from Company Leaders on how they plan to combat hate speech and misinformation on the site facebook spokesperson said this was an opportunity for the company to reaffirm the commitment to combatting hate on the services well talk a lot more about this later with somebody who was on that phone call. I dont know if it was a phone call or a zoom. They dont do zoom, guys. They didnt i thought it was a zoom . Facebook now has their own. They do they have their own platform now. I dont know if you are going to meet with well, ive had meetings on facebook they often use blue jeans. I thought it said zoom but it might have been used sayi
We are live on capitol hill waiting for a house markup to get underway. The Appropriations Committee is working on 2021 spending for state Department Foreign operations, agriculture and military construction. This is live coverage on cspan2. Please be seated. We are ready to begin. My friends, ladies and gentlemen, please be seated. I call the meeting of the Appropriations Committee to order. I would first like to welcome all members to the first full Committee Markup of fiscal year 2021. This will be a markup season unlike any other. Not only are we going to complete our work in record time, but we will be joined by a handful of our colleagues who were unable to be here due to the pandemic. Before we begin i have a number of housekeeping announcements. First, we should all be mindful of our health, and take appropriate actions. Following doctor monahans guidance, everyone, everyone must wear a mask and provide social distancing. Also, this information was previously conveyed to your s
To do here. I have always been reluctant to say this truly could be one of the most important things we as members of this committee do. The world is experiencing today and what the american and as is americas face is one of the most significant challenges that a lot of us will face in our lifetime. The bad news, the really bad news is that its entirely possible that it will happen again. I say this of course because the experts tell us that this virus that made the leap from one species to another can very easily happen again and if there are 2000 of these viruses out there you have no idea what they can do when they get into a human being. Thats what experts and scientists tell us have identified within their branch about 2000 different viruses. Having said that we need to look forward and i want to stress what im trying to do with this and what about all of us are trying to do, to look forward. There are a lot of hearings going on and a lot of hyperbowl going on and a lot of blame a