This is just the same old media narrative of evil medical corporations are evil, we need socialism to fix it.
A statistical correlation in insurance data is not evidence of efficacy and is not a reason to invest 100’s of millions in research, when other research into biologic anti-inflammatories have been dead ends.
It’s hard to treat a disease before you know the cause.
A statistical correlation in insurance data is not evidence of efficacy and is not a reason to invest 100’s of millions in research, when other research into biologic anti-inflammatories have been dead ends."
Something most in the country don't know. The press generally doesn't mention this because the drug companies are evil in their eyes. "Big Pharma" and all that.
"Drug Approvals - From Invention to Market ... A 12- Year Trip
In the United States, it takes an average of 12 years for an experimental drug to travel from the laboratory to your medicine cabinet. That is, if it makes it.
Only 5 in 5,000 drugs that enter preclinical testing progress to human testing. One of these 5 drugs that are tested in people is approved. The chance for a new drug to actually make it to market is thus only 1 in 5,000. Not very good odds."
https://www.medicinenet.com/script/main/art.asp?articlekey=9877
Point is, it takes boat loads of money in terms of paying the PhD./MD scientific researchers, the lab facilities, the super computers (in many cases), the lab equipment, etc. etc. to come up with just 1 pharmaceutical that makes it to market.
Imagine paying for everything needed to work on, investigate, trial just 1 drug. 12 years later you have a 1 in 5,000 chance to make money. Now, obviously, the drug companies have more than 1 idea/drug in the pipeline at any given time, but the point is...it takes a lot...a whole lot to be successful with medications.