3 ms·
I'm voting buried. No way Big Pharma is letting this one see the light of day.
by drharris 14y ago
I'm voting buried. No way Big Pharma is letting this one see the light of day.
- mattdeboard 14y agoAppropriate cynicism but I'd wager that an improved test for pancreatic cancer would garner them more money & market share than whatever treatments they've got for late-stage patients. Besides, finding it earlier == longer treatment periods == more money spent on medicine right? What's the smiley face for disappointment?
- refurb 14y agoDo you know of any technologies that Big Pharma has suppressed? I'd be interested to read about it!
- EricDeb 14y agoWell there's the male birth control method that is discussed on here occasionally. Apparently big Pharma does not want to pursue it because it's a one-off solution http://news.ycombinator.com/item?id=3773227 http://news.ycombinator.com/item?id=3773227
- lostlogin 14y agohttp://www.washingtonmonthly.com/features/2010/1007.blake.html http://www.washingtonmonthly.com/features/2010/1007.blake.ht... Interesting read about a great invention wasted.
- ippisl 14y agoOne example: "Drugs firm blocks cheap blindness cure: Company will only seek license for medicine that costs 100 times more " http://www.guardian.co.uk/society/2006/jun/17/health.medicineandhealth http://www.guardian.co.uk/society/2006/jun/17/health.medicin...
- snowwrestler 14y agoI love the irony in statements like this when they are comments on major media news stories. The story obviously is not being buried if Fast Company, Forbes, and other major news sites are covering it.
- drharris 14y agoThe "buried" is not in relation to the story, but the product. You're telling me some Pharma company doesn't have a patent that will squash this in an instant? There's no way, not a single way, they're going to let some kid with a $3 test compete with their existing money makers. When have prices ever gone down in the pharmaceutical market?
- snowwrestler 14y agoI buy Claritin over the counter at a price of about $40 for 200 pills. It used to cost $80 for 30 pills, and was only available by prescription. I don't think you understand economics. If Company A could sell this test for less than the tests available by Companies B and C, Company A will get more sales. If the product is much cheaper to manufacture, then they get better margins too. Any company in the world would jump at a chance for higher volumes at higher margins.