Create arguments for also against the legislation

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Reference no: EM1399340

Biotech medicines proteins made by altering the DNA of bacteria and yeast or mammal cells and infused into sick patients are the fastest growing category of health spending. Sales extended $40 billion in 2006 when reports indicated there were more than 400 biotech products being synthesized to treat AIDS, cancer, diabetes, Alzheimer's and a hundred other diseases. The manufacture of biotech's is more complex as well as costly than conventional medicine and the cost to patients can run as high as $25,000-50,000 a year. Some members of Congress have familiarised legislation that would give consumers access to lower-cost copies one would approve the FDA to approve safe, lower-cost versions of biotechnology medicines without the full range of tests normally required for new products.

Please deliver at least a paragraph for each of the below questions:

1) Describe who the stakeholders are who will be affected by such legislation.

2) Create arguments for also against the legislation.

Reference no: EM1399340

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