2 ms·
Something smells here... The drug is taken in a short period of time, and cures the disease, thus killing the existing business model of selling treatment for a
by bakhy 12y ago
Something smells here... The drug is taken in a short period of time, and cures the disease, thus killing the existing business model of selling treatment for a very prolonged period of time. Since this means lost revenue from the old treatment, the new drug, the cure, gets priced high enough to somewhat compensate? or, (economics - as exact as spitting into the wind) priced just high enough to still be cheaper than the old, long term option, regardless of costs of development (which are presumably lower)?
- Shivetya 12y agobecause tinfoil hats aside, these companies are in it to make money by saving the lives of people. Living people buy other products these companies sell to maintain their lifestyles. one eventuality is having drugs that you want to take because they extend the youthful and productive period of you life. plus all these new cures and treatments further along their knowledge and ability which means the process continues and eventually they can chip away at the big problems in medicine. and lets be honest, there are people working their both in the labs and the executive level who want to feel they did good and some want the recognition. this story https://news.ycombinator.com/item?id=8131808 https://news.ycombinator.com/item?id=8131808 gives me hope that nothing is beyond their eventual reach