Privatise the NHS

[Tooj 17]

http://www.savenhsdirect.co.uk/

 

Absolutely disgraceful.

[Happy Face 29]

Although I don't presume to occupy the same level as you mental giants on here,It's farly obvious that you know fuck all about drug development from filing an NDA to actual launch of a product through it's lifecycle. A suggestion of a 10 year patent life is absurd as it would markedly reduce innovation. And even the current 20 year is too short given the costs and length of time for devolpment. One of the many aspects of this industry that you that you also fail to understand is the costs associated with R&D which do not pan out. Another is that generic companies are actually similar to parasites in that they take but do not give back. Yes the drugs are cheaper, but if you relied on generic companies to further the cause of drug development aimed at disease areas of unmet need, we'll all be facing alzheimer's, parkinsons, heart disease, strokes etc down the line. All of the money generic companies make goes into their back pockets with no advancement in research.

 

You also fail to understand that the US market has financed the vast majority of drug research over the years. Without it, many of the drugs you accept as commonplace would not be available. Bono would really be whining as the africans would be dying at an even higher clip from AIDS than they are now.

 

 

See page 15.

 

Of the $696M of research into a [HIV] vaccine between 2000 and 2005, only $59 million has come from the pharma's and £9M from biotech.

 

Having invested less than 10% of the cost, do you think they should reap 100% of the benefit?

 

It's a myth that pharaceutical companies only earn a fair profit on their investment if the vast majority of the investment is being pumped into research by private companies from the taxpayer.

 

That's not a typical case though HF. Investing money in an HIV vaccine is a waste of time and the pharmaceutical companies know this.

 

Anyway, that was discussed yonks ago.

 

HIV vaccine 'effective', say researchers