The Vice President of Goldman Sachs Inc. Research division had a report leaked in which he states what's in the title.
What has this world come to when people are looking at economical viability when it comes to improving the healthcare of the whole civilization?
This is among the most disturbing news piece I ever read and it takes away a lot of faith in humanity away.
...and no, this isn't fake news, it's real and it's disturbing.
Here's What Happened: Busted!
Here's what Goldman Sachs Inc. Vice President Salveen Richter said in the leaked report:
"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."
Uh oh, healing diseases gets rid of those "recurring revenue" streams...
Better not cure them then.
Well, let's be honest, we already had our suspicions this was happening, that business people were telling this to each other.
But am I the only one that feels getting confirmation is surprisingly devastating?
Richter also noted:
“While this proposition carries tremendous value for patients and society, it could represent a challenge for genome medicine developers looking for sustained cash flow,”
Yes, you read it well...
...but read it again... it will be just as shocking the 2nd time around.
How Can YOU Make a Difference?
As with many other things, centralization is among the biggest problems here.
What happens is that medical research and medical developments need to be funded, and those funds come from companies.
This centralized model is what causes this conflict of interest and hinders our progress.
There are two ways you can help:
- SUPPORT decentralization like you're doing right now;
- SUPPORT NON-PROFIT INSTITUTIONS you believe in;
- Donate to Non-Profit Instituions that do Medical Research.
Secondly, I just want to mention that research on the non-profits you choose to support is critical, there are a lot of bad players out there.
Do your homework.
In Conclusion:
It is sad to read these words, this is a sad affair when "metal tokens" and "paper slips" or even just "numbers on a ledger" are heavier than the WHOLE HUMANITY.
It brought me pain to see this being proven... and it made me afriad of what may happen should these people continue to be the ones pushing our medicine forward.
Cheers!
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