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I wonder how Big Pharma feels about this. I'd imagine a lot of a pharmaceutical company's revenue depends on the fact that a lot of diseases haven't been cured
by booleandilemma 10y ago
I wonder how Big Pharma feels about this.
I'd imagine a lot of a pharmaceutical company's revenue depends on the fact that a lot of diseases haven't been cured but are nonetheless treatable.
- agumonkey 10y agoJust last week I read that Michelin (tires) engineers said in the 80s they knew how to make a product that would be one order of magnitude better at everything they sell, but that would be shooting themselves in the foot. Business paradox.
- deleted 10y ago[deleted]
- rayiner 10y agoI imagine what they're thinking is that Zuckerberg spent the last decade building Facebook while they turned AIDS and Hep-C from death sentences into manageable conditions.
- booleandilemma 10y agoI think you're missing my point. HIV/AIDS is a good example actually. The lifetime cost of treating HIV is estimated at more than $500,000, and there are more than a million Americans that have it. If HIV/AIDS is cured, instead of being turned into a monthly payment plan, this would hardly make any business sense for pharmaceutical companies. Edit: Grammar
- unclenoriega 10y agoMy guess is rayiner didn't miss your point but responded that way because it's a bit of a conspiracy trope that "Big Pharma" is actively hiding/preventing/whatever cures from being developed or marketed to keep their revenues up. Your point in and of itself is probably true, but it is really close to that trope, which is quite tiresome to people who have encountered it too often. That is probably why you got the response you did.
- dismantlethesun 10y agoI doubt it. Health care CEOs, like their money guaranteed just like everyone else. If HIV/AIDs is cured, it'll be at a $500,000 payment that can be paid in instalments for the next 20 years---20 years of actually productive life that they may have not had if they had to suffer through 'treatments' where too many setbacks will lead to death. What will likely happen in the US, is the government will guarantee loans for these treatments and the prices will skyrocket. It'll be worse than the student loan crises of today, but hey... at least less people will die.