3 ms·
It's difficult. On one hand, the pharmco needs to make money to continue on their mission. (What their mission is is another difficult problem, I believe is isn
by HarryHirsch 9y ago
It's difficult. On one hand, the pharmco needs to make money to continue on their mission. (What their mission is is another difficult problem, I believe is isn't "shareholder value", that is a cancer on society.) On the other hand, the product alleviates human suffering, sometimes on a large scale.
A case study that everyone should be aware of is the story of Praziquantel in South Korea.
Here's a reference: https://cdn1.sph.harvard.edu/wp-content/uploads/sites/480/2013/01/praziquantel.pdf https://cdn1.sph.harvard.edu/wp-content/uploads/sites/480/20...
Praziquantel is about the only thing that works against schistosoma, a very debilitating condition. The compound was discovered in the early 1970s in a joint venture between Bayer and Merck KGA. At that time South Korea had a major schistosoma problem, but Merck could not supply at a price Korea was willing to pay (at that time Park Chung-Hee was in power, it was a military dictatorship).
Korean leadership declared praziquantel a national security issue (true) and started manufacturing their own, and in a collaboration between KIST and Shinpoong Pharmaceuticals developed their own process, which was much cheaper than the original Merck isoquinoline route.
The effort was a major part of the development of a domestic pharmaceutical industry. Shinpoong still hold 50 % of the market in praziquantel.