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To: BipolarBob

“Cheap and effective cancer treatment goes against the collective interests according to the WEF benevolent gods.”

Actually, the problem is the cost of the approval process. Every rule and regulation are there because it benefits someone. If you own a testing lab you go to the regulators and say, “I have this great test and its patented. Only I can do this test. I want you to force every drug company to come to me so I can do this test.” Then the company can charge anything it wants. Let’s suppose the test is to see how long it takes a drug to dissolve in water. Because they have the only FDA approved water dissolving test, they can charge ten million dollars. And, although that is, hopefully, an exaggeration, it’s essentially what the FDA approval tests have evolved into. Once you get past all of the rent-seeking companies who got the FDA to write their test into the approval process there are more barriers to getting a profit. One is the FDA makes you sell batches of your drug into socialist medical systems in other countries on which you will lose money. This process is why drugs are so expensive here and cheap elsewhere. The company has to amortize the cost of all the rent-seeking on each pill sold in America.

A drug that is already developed and in the public domain will NEVER get approval because no one will spend the money so someone else can undercut your cost by selling it cheaper. For insurance reasons no doctor can prescribe the unapproved drug for your cancer because that’s not what the FDA has approved the drug to treat. The doctor might get creative and say you have the condition the drug was actually approved for, but if it was created for veterinary only use, good luck with that.

It’s not the EVIL drug companies who want to profit by selling treatments rather than cures...(pause here to reflect)...probably not, anyway. It’s unelected officials who take bribes who control whether your cancer gets cured or not.


28 posted on 01/14/2024 5:50:47 AM PST by Gen.Blather (Wait! I said that out loud? )
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To: Gen.Blather

I used to dabble in biotech company stocks. i got burned on that. One company (I forget the name) had a new drug that was better than the “gold standard” in that classification and passed all testings and it just needed FDA approval. It never got it. Never heard a reason. But I stayed away from that field of stocks after that.


52 posted on 01/14/2024 8:12:35 AM PST by BipolarBob (My investment choice for 2024 is pre-ban menthol cigarettes. )
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