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Joined 1 year ago
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Cake day: June 13th, 2023

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  • This would be terrible business if any pharma worked this way. The vast majority of potential treatments fail either in the lab or in early phase trials. It is not very likely that’d you’d be able to on-demand develop a novel treatment for symptoms before one of your competitors figured out your already-discovered cure. That would be unless you patented the cure, but by the time you spent years developing a new symptom-only treatment and testing it through each phase, you’d have a few years at best before your exclusivity on the cure patent expires and thus your treatment becomes worthless.

    Pharmas are run by the same short-sighted wall streeters as every other corporation. Actually successfully executing this sort of long-term plan would require thinking further ahead than a few quarters, which they are not capable of doing. A new cure is a big stock boost now that they could never resist.











  • Great, and where local is the best choice they should do that. But nobody can seriously argue that reducing the ability of government to shop around for the best cost/quality balance is a good thing. It’s not like the only options are buy everything American or everything from China. I’d like qualified experts making that decision, not legislators.

    You create bad incentives if you artificially reduce competition like this. Not every good or service will have tons of American choices, so you end up with a handful of companies who know the government has no other choice.