Is curing people profitable?

[cromwell]

From six years ago, a little snippet.

Goldman Sachs asks in biotech research report: ‘Is curing patients a sustainable business model?’
Goldman Sachs analysts attempted to address a touchy subject for biotech companies, especially those involved in the pioneering “gene therapy” treatment: cures could be bad for business in the long run.

This is before Covid; before the gene therapy mRNA jabs that people had.

https://www.cnbc.com/2018/04/11/goldman ... model.html

[Workingman]

The un-medical trained Golden Socks analyst can't have been up to much

Six years since the prediction and I do not recall any pharma companies crashing and burning.

But not to worry, anyway; if the latest WHO report is correct then the number of us needing treatment for malaria and dengue is set to rise from 2.4 billion to 4.7 billion due to overseas holidays and, wait for it, climate change.

"Luvly jubly" said the directors as they see their salaries rise exponentially. The world needs more £$€ billionaires.

Every cloud has a diamond encrusted lining.

[Suff]

All sarcasm aside, there will always be something Pharma is selling to us. Even if they cure other things like Cancer.

[Workingman]

My son was once at the forefront of mRNA research at Oxford; personalised cancer treatments. Remember Covid? He was there. He ditched it for a Crypto business because there was more money in it. He is now a millionaire, but I find it hard to accept that he did the right thing. But that's just me.

[Suff]

Doing the right thing for yourself is not always the same as doing the right thing for everyone else.

If most people are only looking out for themselves I feel on duty to expend my life fixing theirs.