mRNA injections—21st Century Snake Oil, made specially for people with rare, life-limiting disease
...only snag is it costs up $4.25 million to get some!
The Snake Oil salesmen and women are out in force
Subscribers may remember this from yesterday:
In a nutshell, gene therapy has been pushed through using two US Government Acts (similar in EU) below:
Orphan Drug Act, 1983
Rare Disease Act, 2002
They were passed a long time ago, to ‘encourgage’ the big pharma companies to research drugs for very small patient populations. The regulatory pathway on safety is significantly smoother for orphan indications and rare diseases, than for large market drugs.
All big pharma did until the last few years, was game the regulations to make themselves a few extra bucks. That was until the SARS-CoV-2 injections.
When they got them approved, with litle effort, it opened the door to the more lenient pathway and price tags of up to £4.25 million per treatment (see above).
The flood gates are open to a new kind of blockbuster drug
While big pharma could not get the traditional drugs to maket to create blockbusters, they re-did the math, from:
High volume, sky hig…