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One guess I have about theranos , is that they are going to radically change healthcare in Africa. Why ? Well let's start with the fact that the main thing pre
by minthd 11y ago
One guess I have about theranos , is that they are going to radically change healthcare in Africa. Why ?
Well let's start with the fact that the main thing preventing labs-on-chip devices transforming Africa today is business reasons - its just not seen as a good investment by western companies.
But what's unique about theranos is that it is owned by Holmes ,which seems very idealistic(as her main motivation here ) , and her father worked for years helping African healthcare .
So I think Holmes will use the strong business it will build in the west to create and extremely low cost African healthcare .That also explains why she has advisors like foreign state secretary and why bill gates is very impressed with her.
- fsloth 11y agoYeah, I suppose commodisation of services has the advantage that the benefits tricle down easier to developing economies as boxed solutions require less infrastructure and human capital. Everybody wins.
- minthd 11y agoI think it's more than commodification. My guess is that price in the west would be much higher than in africa(where products will be sold at cost) - but still relatively low, mainly because investors want profits. And whole in whole it's the moral thing to do, especially with the fact the healthcare quality in the west will increase. As a general note, i've seen research talking about prices of 0.01 CENTS PER TEST for some lab-ob-a-chip methods.
- deleted 11y ago[deleted]