3 ms·
I’ve never bought this argument about r&d for drug companies, and I have even less faith in the argument after learning recently that much of this r&d is used t
by milesvp 8y ago
I’ve never bought this argument about r&d for drug companies, and I have even less faith in the argument after learning recently that much of this r&d is used to modify an existing drug, not to make it better, but to essentially earn another patent on said drug and keep it out of the public domain for longer.
Couple this with the fact that there is a large focus on designer drugs, and dependency rather than curative drugs, and there’s snake oil being sold by drug companies that they absolutely need a regional monopoly to bring us new and life changing drugs.
- JamesBarney 8y agoOne reason there isn't a focus on curative drugs is the current drug system won't pay for it. In an ideal world if it costs 10 million dollars to treat an HIV patient over ten years we should be willing to spend 5 million on a curative drug. But when this actually happens as seen with a hepatitis cure everyone freaks out about the price drug. And thus we can't have nice things.
- cwkoss 8y agoIn an ideal world, the creator would be happy with a fair salary for their work and stop trying to rent-seek a fortune to satisfy their own greed.