Interesting conversation. Some good points all around. I would question the comments about "big pharma". It is popular to bash these companies, and I am sure there is some justification, but the brush is too broad. My wife worked as a scientist for Pfizer for many years, and helped create a medicine that saved or prolonged thousands of l…
Interesting conversation. Some good points all around. I would question the comments about "big pharma". It is popular to bash these companies, and I am sure there is some justification, but the brush is too broad. My wife worked as a scientist for Pfizer for many years, and helped create a medicine that saved or prolonged thousands of lives. Their CEO bravely went all in on the covid vaccine, and saved maybe 14+ million lives, while idling but paying their entire non-covid staff. These things can only be accomplished effectively by a large, wealthy company that cares about its employees and their mission. While regulatory capture maybe worrying to some, given that the current administration is removing regulatory structures across the board, worrying about regulatory capture seems quaint, it seems the regulatory apparatus is now for sale. We might want to focus on how we will all be exposed to more risks of all kinds.
I think the Sacklers tarnished the reputation of virtually every pharmaceutical company in business today. Certainly they are not all bad; and a for profits company needs to make decisions that keep them in business so they can continue to do good work. But the numbers can be disturbing, and opioids have made everyone question motives of those profiting from their sale.
Interesting conversation. Some good points all around. I would question the comments about "big pharma". It is popular to bash these companies, and I am sure there is some justification, but the brush is too broad. My wife worked as a scientist for Pfizer for many years, and helped create a medicine that saved or prolonged thousands of lives. Their CEO bravely went all in on the covid vaccine, and saved maybe 14+ million lives, while idling but paying their entire non-covid staff. These things can only be accomplished effectively by a large, wealthy company that cares about its employees and their mission. While regulatory capture maybe worrying to some, given that the current administration is removing regulatory structures across the board, worrying about regulatory capture seems quaint, it seems the regulatory apparatus is now for sale. We might want to focus on how we will all be exposed to more risks of all kinds.
I think the Sacklers tarnished the reputation of virtually every pharmaceutical company in business today. Certainly they are not all bad; and a for profits company needs to make decisions that keep them in business so they can continue to do good work. But the numbers can be disturbing, and opioids have made everyone question motives of those profiting from their sale.
Yeah fair enough. There is always grift and immorality. That's why removing the regulatory structures disturbs me, now we won identify the bad actors.
True. Everything is about to get a whole lot harder, for everyone but the bad guys.