PODCAST: Water war, Biotech industry core

Water laws in the West often give priority to whose who used a water source first, often farmers. Farmers in New Mexico are fighting to regain their place at the head of the line.

The drought has dried up water supplies in some parts of the country -- and water wars are heating up, between farmers and cities. In New Mexico, farmers have kicked off what could be a long-running fight by making a “priority call” on water resources.

Biogen Idec, a Massachusetts-based biotech company, is hoping its new multiple sclerosis drug Tecfidera will eventually bring in the hundreds of millions of dollars it cost to develop -- at least before a generic comes along and copies it. CEO George Scangos joined Marketplace Morning Report host Jeremy Hobson to discuss his company's development process and pricing strategy.

About the author

Jeremy Hobson is host of Marketplace Morning Report, where he looks at business news from a global perspective to prepare listeners for the day ahead.


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