Drug innovation is back in fashion

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In the five years before the covid crisis the pharmaceutical sector lagged behind America’s S&P 500 index

of the past two decades big pharma has been a lost cause. Despised by the public, it became notorious for price-gouging, secretiveness and its neglect of global health problems. Big pharma also lost its lustre with investors, despite its bumper profits.

There is an alternative to beggar-thy-neighbour nationalism and taking a sledgehammer to the intellectual-property regime. First, a global agreement is needed to govern the manufacture and distribution of a potential vaccine. It could take several years to vaccinate the world’s population; global co-operation will mean that the vaccine is deployed first where it brings most benefit.

Second, the patent system should be preserved because, correctly designed, it incentivises investment in new treatments. The big drugs firms have already said they will make any vaccine available at cost-plus prices. Arrangements exist for tiered pricing of medicines and free vaccinations for diseases afflicting the world’s poor that should be extended to covid-19 treatments.

 

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And weaknesses. Especially the weaknesses.

Strengths? Keeping the people chronically ill with expensive and at best symptom fighting substances, while financed by the same people! Investigate! You non-investigating something (you’re no journalists)

It also showed that Pharma would rather treat viruses with expensive medication than actually find vaccines for certain viruses. Fauci let this slip at a press conference, odd that MSM did not jump all over this.

Strengths like using taxpayer money for research then charging taxpayers for what they come up with

Классно

lpasilva nathalie_beghin

So any how they will reach to all consumer, In the name of covid-19

no thanks SCAMdemic

Strengths? Like decimating the health care system we so desperately need? Like jacking up the prices of equipment we need? Like creating health insecurity by choosing profits over people? Cool. Thanks for that!

LOL

New Jersey überalles

Yeah at 2500.00 a dose.

E, From R, JEROME speaks

Chemical beings controlled by chemical reactions but think they are so special. We need to evolve from chemical animal beings to electric non-animal beings to avoid Extinction. Plus it's all in the Bible if you have a logical non emotional interpretation.

Lets just hope we don't face a new thalidomide eh

It takes one selfish desire to convert from protector to destroyer!

You not paying attention...people are never going to like Big Pharma. Check yourself.

pravda

Kinda like they wanted to make money off of killing people.

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