A while ago I wrote the attached post which explains when
open markets make sense (capitalism) and when social systems make sense (socialism):
Subsequently, I was not surprised to find supporting evidence of this theory.
The CorpPharm company Pfizer, recently exhibited the exact behavior outlined in that post: If a life saving, life benefiting drug is not profitable, or about to be released for generic production, thereby reducing or eliminating the profit potential, then said drug will be abandoned.
Embrel is a drug to treat rheumatoid arthritis. An unintended side affect is that it most likely reduces or eliminates Alzheimers in those patients who take it (64% of those showing signs benefited). It’s about to have its 20 year exclusivity (another contentious anti-society factor) expire.
So, of course Pfizer won’t be investigating this drug for alternate use as a dementia reduction drug. It wouldn’t be profitable.
Fuck the millions of elderly who are susceptible.
Pharmaceuticals are the exact industry that should NOT be placed in the hands of capitalists.
“Give us your sick, your needy, your dying — and we will make them sicker and get rich doing it.”