Part IV: The Innovation Conundrum

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Part IV: The Innovation Conundrum The Challenges Ahead

 

part 4 of this 4 part series

if you are interested

http://www.gooznews.com/archives/000905.html

The Challenges Ahead

Today, there are two great scientific challenges facing medical science.

In the advanced industrial world, the biggest challenge is discovering cures for the diseases that affect aging bodies like Alzheimer’s, cancer, Parkinson’s, diabetes, and crippling arthritis. In many of these fields, science hasn’t matured to the point where effective intervention is possible. There’s no guarantee that it ever will.

Because I wrote a book debunking industry’s claims about the cost of new drug development, I often get asked, “So, how much do you think it costs to develop a new drug?” I often begin my response this way: “Let’s start by calculating how much it costs to develop an effective Alzheimer’s drug.”

The answer to that hypothetical is an infinite amount of money. Why