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-- allergic to big pharma James -- pitcher and doctor Marc Siegel of Siegel joins us now to explain how we can save children.
And -- Actually make some money James open and up from -- Lehrer well here's the basic problem it sort of feels like the human race is actually going extinct I mean kids more than ever and I'm talking just about kids are getting asthma they're getting food allergies -- -- -- they always no no -- Now we think it did we have been analogies we can't know it and now -- -- And I know good point now and I don't think that's true because now kids -- peanuts and a guy like that in -- -- hit my cousin was like it if he looked down he was off to the hospital okay long -- A guy who has long time ago but the evidence is right now that -- we've at least tripled the number of food allergies in the past ten years alone.
So this is scary as the reasons why it's happening but I think now the time to invest in medical companies that are dealing -- what what what are the reasons if it is different plus James Wright is saying -- the what is -- -- alligators -- -- analogy -- the rest of all autoimmune diseases are great at Agassi.
James is right and -- his point is right let me explain we are diagnosing it more but at the same time there's a lot of theories around and I believe them.
That we're giving kids antibiotics at such an early age.
That there -- that were wiping out essential bacteria that live in the stomach elsewhere.
That tell the body hey you better fight the battle there's -- bacteria here if we don't tell the body to fight its battles.
Then later on it has a problem with -- -- think of allergy as a broken immune system it's an overreaction.
That might not have to occur if we weren't over treating vaccines may play a role but certainly antibiotics do so I'd like -- -- here now.
People make funny I had my kids but let me tell you go that's exactly you have to -- to.
Something to this and yet let them play with the kids that chicken pox I.
I can't quarantine them yeah.
Calling my applying one lead to some concern that people illegally you know what I'm not -- -- trying to hold off on the antibiotics and -- kids -- spike of -- but you know -- god forbid okay.
Let's talk about every.
-- is making a great point.
You don't -- -- do that you don't want to overuse antibiotics but you don't wanna -- off on them when they're essential I mean but my kids have chronic ear infections let me tell you.
Antibiotics are Lifesavers on the big believer in essential treatment but let's not treat the common cold -- -- by.
James make some money so what's the put the trade -- well Novartis has great.
Not a vaccine -- a drug for asthma and put out diesel there.
He also have Biogen BID both these companies are trading at ten times earnings right now.
I think they're great salad she plays -- outstanding gonna -- eyes are -- the stocks down 5067 at all like every -- down summer -- twenty and 40% I've done and the soccer lows and -- know they haven't -- you know Biotech has not moved back as much as the rest of the market I think it's -- -- do -- -- it and that's where I would play right I have.
A couple of points and -- courted by the way.
Novartis -- also because it's the one that's making the big Swine Flu vaccine that show it's making that most modern technology and I heard -- has a very good cardiology division for heart drugs.
Biogen I -- certain problem that he doesn't have which is it makes to star -- to celebrity which is a billion dollar drug that they -- for multiple sclerosis.
But they keep finding big side effects with that drug you never know when that's going to be played -- -- But it's still the leading drug it's a billion in revenues it's 43008.
Events I like this operate at a is that.
You know big thing is it as a hedge as a -- you can also buy.
Hillenbrand Industries which is the coffin maker in case you -- Sir that -- actually that's a good demographic play as well and aging baby -- population that's probably another segment.
The other incident that -- -- laughs -- you stuck and stuck tips and.
We talking -- talk about children though because that happened with allergies go away as you age so you're really only talking about a very slightly.
But thrown on him.
Apparently that's not.
And we have been as a kid to really battle to where else he's right medically.
You wanna get it before it happens as a little kid with a little -- a little knows they start having a big allergy reaction analogy is related to asthma.
So if you can cut down on the alliger reactions before they happen a drug called Cingular already doing that with James but here it is our -- and.
-- there's just he's referred to of his doctor.
-- -- -- -- Now there's places that we're about out of time but ulcers -- you -- -- human it.
It is going to face well I'm really worried why are more kids and ever getting these diseases and yes maybe it's under diagnosed in prior decades but the reality is more kids are dying from these diseases than ever before.
Why is that happening -- it's because.
What we do -- -- so you know.
People -- about it that is what people know that as -- about crime what we protect the children too much in this urban areas a little bit gets only happening in developed countries over trio met about spyware these drugs she's talking about -- early in the -- let's note not go crazy over.
I don't now I think they.
The eleventh and he's in the sand box and shared germs and they'll be better off -- -- out to Sarah doctor Siegel at ball.
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