Week 2 Post 3

My reaction to the way drugs are discovered and developed is mainly of interest. The science part and the business parts are both very interesting. knowing about the long and difficult process makes me understand why drugs aren't being discovered all the time, and also why people like Martin Shkreli who are CEOs of these companies can raise the price of their drugs so much and still have sales. this is because when a new drug is discovered, the government rewars you with market exclusivity, and if your drug is the only drug that will save someones life you can charge whatever you want as euthanasia is illegal, and doctors must always save a patient.

I'm curious about how exactly the testing is done, and how through it really is. I'm also curious on the business side about how much is the patent system really necessary because of how much it hurts people who need the drugs. would drug companies still make new drugs without the patent system?

Comments

  1. I hate the fact that greed can play a role in the health needs of people.

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