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Thread: New Cure For Blindness Priced at $850,000

  1. #21
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    Quote Originally Posted by Kallie Knoetze View Post
    Mr. Gaffer,

    Probably not, as per the patent laws at the time, the polio vaccine could not be patented.

    The Real Reason Why Salk Refused to Patent the Polio Vaccine | BIOtechNow
    And yet it was developed.

  2. #22
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    Quote Originally Posted by labrea View Post
    And yet it was developed.
    Ms. labrea,

    What's your point?

  3. #23
    the "good" prag pragmatic's Avatar
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    Quote Originally Posted by Madeline View Post
    Not this story. This company received the value of deductions for its overall R & D costs, then it received government dough under orphan drug laws, then it received government dough under additional deductions for the cost of bringing this drug to market.

    It also received a patent, even though government scientists, working at public universities and government labs, do much of the critical research and give it to the pharmaceutical companies for free.
    Do you have any idea how much the company invested (time and money) in developing the new gene therapy?

    (I don't have the answer. But my guess would be a lot.)
    Thanks from Southern Dad

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    Quote Originally Posted by bajisima View Post
    That may be true in theory but try telling your student loan holder that you arent motivated by profit and cant pay back those loans. Sadly many in the sciences are now going 6 figures deep into student debt which does make profit a massive motivator.
    Should profits be guaranteed? It seems that if student loans are secured by future profits then there needs to be some guarantee those profits will follow.

    Profits may be a motivator for investors, and corporations, but I doubt the researcher is primarily driven by profit.

  5. #25
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    Quote Originally Posted by Kallie Knoetze View Post
    Ms. labrea,

    What's your point?
    That what motivates humans is more complex than what conservatives believe.

  6. #26
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    Quote Originally Posted by labrea View Post
    That what motivates humans is more complex than what conservatives believe.
    Ms. Labrea,

    Again, what is your point?

  7. #27
    Veteran Member Madeline's Avatar
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    Quote Originally Posted by TNVolunteer73 View Post
    If we had Universal Healthcare this drug would not have been developed
    Are you serious? You think all new drugs are discovered by American pharmaceutical company scientists?

    That is a serious dedication to ignorance for a hospital pharmacist such as you.

    France made all the major breakthroughs on drug treatment for AIDS in the 1990's.

    Cuba has the world's best lung cancer treatment.

    Scientists and doctors are not the ones exhibiting massive greed at American pharmaceutical companies. Most are paid middle class salaries, but they work to satisfy curiosity, and for the glory.
    Thanks from labrea

  8. #28
    Veteran Member bajisima's Avatar
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    Quote Originally Posted by labrea View Post
    Should profits be guaranteed? It seems that if student loans are secured by future profits then there needs to be some guarantee those profits will follow.

    Profits may be a motivator for investors, and corporations, but I doubt the researcher is primarily driven by profit.
    Well the problem there is that most researchers doing high level work are experienced and have no student loans. Many senior level researchers are making 250K easy while the newer or just out of college researchers make 50k. There also is stock options, as we see with most big pharma companies, if a drug is successful, the employees can profit dramatically. So while its easy for a researcher to claim they arent driven by profit, for all the remaining staff and support staff, it is crucial to their standard of living.

    If a product fails, the lower level get laid off not the researchers.
    Last edited by bajisima; 4th January 2018 at 10:09 AM.
    Thanks from Kallie Knoetze and Madeline

  9. #29
    Veteran Member bajisima's Avatar
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    Quote Originally Posted by Madeline View Post
    Are you serious? You think all new drugs are discovered by American pharmaceutical company scientists?

    That is a serious dedication to ignorance for a hospital pharmacist such as you.

    France made all the major breakthroughs on drug treatment for AIDS in the 1990's.

    Cuba has the world's best lung cancer treatment.

    Scientists and doctors are not the ones exhibiting massive greed at American pharmaceutical companies. Most are paid middle class salaries, but they work to satisfy curiosity, and for the glory.
    France and Cuba also have higher education paid for by the govt. They have no such thing as student debt.
    Thanks from Madeline and labrea

  10. #30
    Veteran Member Madeline's Avatar
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    Quote Originally Posted by bajisima View Post
    France and Cuba also have higher education paid for by the govt. They have no such thing as student debt.
    Those evil socialists!

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