Marketplace®

Daily business news and economic stories

PODCAST: Water war, Biotech industry core

Water wars heat up in New Mexico. CEO of Biogen Idec discusses high drug costs, a new drug for multiple sclerosis and what's up with pharmaceutical drug names.

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.

Related Topics

Collections:

Latest Episodes

View All Shows
  • Marketplace Morning Report
    27 minutes ago
    7:00
  • Marketplace Tech
    3 hours ago
    10:28
  • Marketplace
    14 hours ago
    25:43
  • Make Me Smart
    21 hours ago
    19:54
  • Million Bazillion
    a day ago
    28:24
  • How We Survive
    5 days ago
    25:04
  • This Is Uncomfortable
    5 days ago
    26:12
  • Financially Inclined
    3 months ago
    12:30
  • The Uncertain Hour
    4 months ago
    22:50
  • Corner Office from Marketplace
    5 years ago
    20:58