this post was submitted on 17 Jan 2024
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Treatment lists at $2,200,000.00…and folks still don’t see the problem with for-profit healthcare.
Developing, testing, trialing and pushing drugs through the FDA process is very expensive.
On the other side, not that many people have the disease, which means there won't be that much demand for it.
Would you rather it not have been developed at all? Because it wouldn't be if there was no incentive for it.
All that said though, the treatment should be paid for with public money, like in the rest of the world.
Sadly, many don’t know that it was public money in the first place that developed, and continues to develop, treatments and therapeutics which companies then acquire, tweak and charge as if they did the R&D themselves.
Then there’s M&A as replacement for R&D, which again benefits patients 0 & shareholders bazillions.
Got any sources for this being funded by public money? Would like to see more about that
Sure thing! Here’s one:
https://communities.springernature.com/posts/funding-a-technological-revolution-who-pays-for-what-crispr-research
In other words, your tax dollars at work.
And another:
https://direct.mit.edu/qss/article/3/2/443/110371/Funding-CRISPR-Understanding-the-role-of