The final act in the rise and fall of the pharmaceutical industry as we know it today.
A rapturous final curtain call is on the way!
More on the Pharma scam, and how to fix it
Yesterday, I posted this below:
It concluded:
“It’s all down to patents and mechanism of action
When a company applies to patent a new molecular entity (NME) for development into a commercial product (development candidate), it must explain the mechanism of action that they believe will help or cure the disease.
Not to put too fine a point on it, it’s a complete guess, with no evidence to support it. So long as the company can afford to pay the patent fee, that NME is theirs to develop into a drug; and because the patent clock starts ticking at that point, the race is on to get an approval to enter the market. That is why only one in 250 development candidates get to market—they don’t (won’t) have the time to deploy the Wright brothers approach, which is to:
“apply what they knew from the world of engineering, the technology at the time, and relevant pieces of applied science to help them get a medicine in the body, without unduly risking human lif…