4 ms·
I 100% support a drug bounty program, where the government puts up a huge bounty (I.e. $1-3bn) for diseases where cures/treatments are needed, and pharma compan
by beisner 9y ago
I 100% support a drug bounty program, where the government puts up a huge bounty (I.e. $1-3bn) for diseases where cures/treatments are needed, and pharma companies compete for those bounties. Victors would get the full bounty, and the govt would get the rights to the drug. Would allow the public to incentivize treatments that are best for public health, since companies are incentivized to create long-lasting, expensive treatments vs 1-off cures. And would decouple end-user price.
For instance, i think we would have found a vaccine for HIV by now if antiretrovirals weren’t so damn profitable over the lifespan of a patient.
- nv-vn 9y agoOf course, that money would come out of your taxes as a US citizen. And since you'd still have to pay for the drug (even at the reduced price), you would just effectively be creating socialized medicine.
- beisner 9y agoThe bounty could be for all drugs, some drugs, or just the super important ones. Scale the system to however much socialized medicine you can take.