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If capitalism is so bad, why is it that most of the world's new drug
therapies are developed in the US?

Consider something a bit less emotional than medicine to start.  When you
go out of town and need a place to stay, you could walk around town looking
for a nice person (one not motivated by money) to put you up.  You have to
rely on the goodwill of a stranger, who gets nothing in return.  (And also
hope he is not an ax murderer.)  Or, you can go to a hotel, run by a person
or a corporation whose motive is purely profit.  They provide you shelter
for the night, and maybe even breakfast and an Internet connection, not out
of good will but because you give them money.  Which system does a better
job at making temporary housing available to travelers?

Now, back to drugs.  Do you really expect companies to invest the millions
of dollars (sometimes billions) it takes to develop new drug therapies out
of the goodness of their hearts?  No, and if we relied on that for the drug
pipeline there would be about as many new drug therapies as there are free
hotels.  Drug companies are motivated by profit and like it or not, that
profit is what induces them to research and develop new drugs.

There are certainly problems with how our economic system works, and in
particular the system for bringing new drugs to market.  But the
fundamental idea of capitalism is not flawed.  If you want to see a flawed
economic system, look to Russia or Cuba.  How many new drug therapies did
they produce last year?



On Sun, Mar 24, 2013 at 8:54 AM, Ahamed Ismail <[log in to unmask]> wrote:

> well said Rick. True color of capitalism.
>
>
>
> ahamed
>
>  Affiliated to Travel Professionals International
> Our Contact:
> www.tpiworldwide.com/nasimismailtpi http://www.me2everyone.com/503708
>
>
> http://tripatlas.com/store/112331
>
> > Date: Sun, 24 Mar 2013 00:58:51 -0700
> > From: [log in to unmask]
> > Subject: Re: investors excited about Pimavanserin
> > To: [log in to unmask]
> >
> > disgusting isn't it?
> >
> > -----Original Message-----
> > From: Rick McGirr
> > Sent: Saturday, March 23, 2013 9:18 AM
> > To: [log in to unmask]
> > Subject: Re: investors excited about Pimavanserin
> >
> > Ain't capitalism grand!? Maybe now we'll be worth something to someone!
> >
> >
> > -----Original Message-----
> > From: Parkinson's Information Exchange Network
> > [mailto:[log in to unmask]] On Behalf Of Rayilyn Brown
> > Sent: Saturday, March 23, 2013 1:28 AM
> > To: [log in to unmask]
> > Subject: investors excited about Pimavanserin
> >
> >
> http://www.proactiveinvestors.com/columns/biomed/3469/full-phase-iii-results
> > -send-acadia-higher-3469.html
> > Ray
> > Rayilyn Brown
> > Past Director AZNPF
> > Arizona Chapter National Parkinson Foundation
> >
>

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