3 ms·
Why not? There's research into cutting costs in producing insulin as well as fixing diabetes. The government will "solve" the problem by socializing the cost of
by beatgammit 8y ago
Why not? There's research into cutting costs in producing insulin as well as fixing diabetes. The government will "solve" the problem by socializing the cost of treatment, whereas a startup may seem a cure or a cheaper treatment.
Innovation is definitely higher risk, higher reward. I guess you need to decide whether you want better treatment access now or a potential cure later (with the caveat that more could suffer now). I know I prefer to support seeking cures over funding treatments even if that means more people will suffer now. Thus, I think we need more founders, not more policy.
Also, it seems that many forms of diabetes can be reversed by fixing diet. If a founder can help people fix their diet, demand would drop, which should drop prices due to oversupply and make funding treatments cheaper (e.g. for type 1 diabetes where no cure is likely, aside from potential improvements in transplants).