2 ms·
>Pharmaceutical companies are not interested in curing disease. They would like to treat disease This is nonsense. Pharma are never in a position where they ca
by weregiraffe 8mo ago
>Pharmaceutical companies are not interested in curing disease. They would like to treat disease
This is nonsense. Pharma are never in a position where they can choose between curing and treating. 90% of clinical trials fail. Pharma is throwing things at the wall and picking whatever sticks.
- kjkjadksj 8mo agoThen explain the herd mentality if they were truly all trying all posibilities. No, same old same old. Pharma is not removed from the usual incentives of capitalism. FWIW the line about treatments not cures is pretty much a direct quote from a product manager at a major pharma company I heard speak at an internal presentation. Straight from the horses mouth.
- nosuchthing 8mo ago"Is curing patients a sustainable busines model?" - Goldman 2018 https://www.investmentwatchblog.com/goldman-sachs-asks-in-biotech-research-report-is-curing-patients-a-sustainable-business-model/ https://www.investmentwatchblog.com/goldman-sachs-asks-in-bi... Many of the biggest medical innovations have come from publicly funded university researchers, which then license or give away their findings to private businesses.