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Thread: Goldman Sachs Questions Whether Curing Disease is Economically Sustainable

  1. #1

    Goldman Sachs Questions Whether Curing Disease is Economically Sustainable

    Can cryptocurrencies kill the banks already?!

    "Goldman Sachs, in an April report to clients, addressed an ethical conundrum facing pharmaceutical and biotechnology companies in regard to futuristic cures based on cutting edge gene therapy: “one shot cures,” rather than the model of continuous treatment, could be difficult for some “medicine developers looking for a sustained cash flow.”

    In a report entitled “The Genome Revolution” Goldman Sachs analyst Salveen Richter asked, “Is curing patients a sustainable business model?”

    “The potential to deliver ‘one shot cures’ is one of the most attractive aspects of gene therapy, genetically-engineered cell therapy and gene editing. However, such treatments offer a very different outlook with regard to recurring revenue versus chronic therapies,” analyst Salveen Richter wrote in the note to clients on April 10. “While this proposition carries tremendous value for patients and society, it could represent a challenge for genome medicine developers looking for sustained cash flow.”

    Read the article @ http://truthinmedia.com/goldman-sach...y-sustainable/
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  4. #3
    Should compliment Alphabet/Goolag Health quite nicely.
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  5. #4
    Quote Originally Posted by ZakCarter View Post
    Can cryptocurrencies kill the banks already?!
    How would cryptocurrencies hurt Goldman Sachs' business?

    And what is wrong with what the analyst said and why is what he said so offensive that it should mean Goldman Sachs should be out of business? Seems like the kind of thing that is conventional wisdom.

  6. #5
    Providing a medicine to cure a disease takes business away from the competition.

  7. #6
    Quote Originally Posted by angelatc View Post
    Providing a medicine to cure a disease takes business away from the competition.
    If competition is allowed, the FDA and DEA do a pretty good job of protecting the cartel and therefore the cartel can avoid cures in order to use medicine to milk the public instead of healing the sick.
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

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  8. #7
    Quote Originally Posted by Swordsmyth View Post
    If competition is allowed, the FDA and DEA do a pretty good job of protecting the cartel and therefore the cartel can avoid cures in order to use medicine to milk the public instead of healing the sick.
    There is zero evidence to support that theory.

  9. #8
    Quote Originally Posted by angelatc View Post
    There is zero evidence to support that theory.
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment



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