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FDA approves cure for sickle cell disease, the first treatment to use CRISPR (www.nbcnews.com)

submitted 11 months ago by misk@sopuli.xyz to c/technology@lemmy.world

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[–] halcyoncmdr@lemmy.world 27 points 11 months ago

A LOT of pharma research gets significant public funding. They then patent it and privatize the profits. Then spending millions on advertising.

Then they try and justify pricing from the total cost of not only development, but also advertising budgets, while avoiding any mention of where the actual development funding came from in the first place.

That's not for everything, but it's a large enough number of drugs and treatments that the entire industry is based on bullshit.