News That Will Drive You To Drink

Happy Hour News Briefs

¡SNAP!

Scissorhead Purplehead sends us this important message from the healthcare industry, and it kinda says it all:

“The potential to deliver ‘one shot cures’ is one of the most attractive aspects of gene therapy, genetically-engineered cell therapy and gene editing. However, such treatments offer a very different outlook with regard to recurring revenue versus chronic therapies,” analyst Salveen Richter wrote in the note to clients Tuesday. “While this proposition carries tremendous value for patients and society, it could represent a challenge for genome medicine developers looking for sustained cash flow.”

Got that? If you are cured, they cannot bleed you dry. Where’s the profit motive in that?

Yes, it is from last year, but do you really think that the ghouls in the boardroom have changed their thinking?

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8 Responses to News That Will Drive You To Drink

  1. Big Bad Bald Bastard says:

    This is especially infuriating to me at this time. I will soon lose a friend and co-worker to cancer, and spent much of my day at work informing others. Everybody is shocked, he was a big, strong guy, full of vitality… we all thought that, if anybody could beat this thing, it would be him.

    Like

    • tengrain says:

      B-4,

      I’m so sorry for your friend, and for you.

      These monsters really do not care. They probably don’t care when it is their own friends and families. It isn’t just that they are incapable of empathy, they have no souls.

      Rgds,

      TG

      Liked by 2 people

    • MDavis says:

      What Tengrain said – I wish there was more I could say or do.

      Like

  2. roket says:

    Can you say the one true Death Panel?

    Liked by 1 person

  3. See this is the kind of thing that creates great business opportunities like the ones the Umbrella Corporation siezes.

    Liked by 1 person

  4. 9thousandfeet says:

    That bullshit right there is Exhibit A in the case for making the primary framework for healthcare delivery a subsidized non-profit enterprise.
    True healthcare is inherently unprofitable, whereas disease treatment, a quite different creature, is hugely profitable.
    Also, too, it’s way past time that the policy of modernity generally be organized around the realization that human health is fundamentally incompatible with an unhealthy planet.
    That re-tooling of modernity won’t happen as a timely political choice, of course, but only by brute force of historic circumstances when our ecological chickens come home to roost.

    Liked by 1 person

  5. Dennis Cole says:

    And I read in Sunday’s paper about a very dubious and highly dangerous practice being touted mainly by chiropractors, which has left some patients extremely sick, and even paralysed. It involves withdrawing blood cells from discarded umbilical cords, and then injecting the substance into patient’s spines. Why anyone would seriously consider doing this, is a mystery, (to me, anyway,) but apparently it’s a “THING,” and has come to the attention of the FDA.

    But since one of tRumpus’s cronies is running the show there, they’re likely to look at how they could make a buck or two from it, before considering regulating or making it illegal.

    Like

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