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Pharma companies also make and study dozens of drugs that don't make it. We need the successful drugs to fund the unsuccessful ones. Given that I believe there
by milesskorpen 2y ago
Pharma companies also make and study dozens of drugs that don't make it. We need the successful drugs to fund the unsuccessful ones. Given that I believe there are still many more amazing drugs and medical interventions to be discovered, I don't think we should be reducing the profit to be earned in this space (because that's what induces people to continue to invest in research).
When you look at cost per life saved, pharmaceuticals are a bargain compared to hospitals or other parts of our medical system (esp. in the US).
- plumeria 2y agoWould a NASA-like agency that funds vaccine research but keeps the IP “open source” work as an alternative to regular pharma companies?
- untaintedminty 2y agoNASA gets funded because it provides access to space, which is strategic concern. Open-source medical IP is not, so I guess - no.
- whatshisface 2y agoThe air force has its own access to space. NASA gets funded because it is popular and the United States is a democracy.
- untaintedminty 2y agoFair point on air force providing strategic access to space. As for democracy, heh, let's say it's open to interpretation ;).
- TaylorAlexander 2y agoSeems like eradicating disease and illness worldwide is a pretty strategic concern for humanity. I guess it’s like climate change. We can’t beat our neighbors by solving it so who cares, but these feel like things our species is really gonna have to start solving. But maybe we won’t and we will just make life unnecessarily hard for most human beings, when we could be stopping climate change and eradicating AIDS.
- untaintedminty 2y agoAs a human being, I totally get you. We should be doing much better than this. But, realistically, governments are responsible to their electorates only. As for the global humanity, first question is who's going to foot the bill and imagine global powers today coming to a consensus on that?!
- milesskorpen 2y agoWe could do that. But generally businesses are better at allocating capital than government, and less and less research is funded by government these days so I don't think the government has a strong track record.