According to UN statistics, life expectancy in the U.S. today is about 78 and should continue rising with new medical breakthroughs as we baby boomers age.
The past week was also packed with scientific breakthroughs and amazing new technologies.
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None of this would be a problem if the drug industry had a wealth of new breakthroughs, but even with new potential big sellers like Pfizer's Lyrica, for neuropathic pain, or Merck's Gardasil, a vaccine for a virus that can lead to cervical cancer, it's not clear that new drugs can make up for the ones that will be lost.
It was leading the rest of the world into the future with the demonstrative power of democracy and free markets, new technological breakthroughs in automation, computers, communications, energy, medicine, space travel, to name a few.
That girl should have been allowed to pass with respect and dignity, instead due to all the new medical breakthroughs that can prolong life she will be put on display for as long as it is financially advantageous to do so.
Yet, barring new breakthroughs, capitalists must view India as it is and contrast its prospects with what is happening in the rest of Asia and the emerging economies.
While the promising results for Nexavar may bring tears to the eyes of Bayer researchers and hope to cancer patients, doctors have lately become used to such breakthroughs, with pharmaceutical giants like Pfizer, GlaxoSmithKline and AstraZeneca testing dozens of new targeted cancer pills.
The Smarter Energy Research Institute represents a new form of collaborative innovation for the energy and utilities industry and is modeled after programs that IBM has successfully implemented with clients in other areas, placing scientists with members from other disciplines and industries, working side-by-side to research and develop new breakthroughs.
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But breakthroughs in targeting suspect genes in prostate cancer have yielded a tsunami of new drugs, with 100 now in mid- to late-stage human trials, almost triple the number in 1997.
The kind of economic miracle posited today by the most optimistic new-paradigmists implicitly regards current innovations in networked computers and telecommunications as not merely on a par with the greatest breakthroughs of the past two centuries, but as greater and more far-reaching.
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