And Today in “To Hell with this Shit, I’m Effing Done”…

Found this via Joe.My.God.: Goldman Sachs Warns Pharma Investors: Cures Don’t Provide Sustained Revenue, Chronic Illness Is Better. Because profits (emphasis mine)!

Goldman Sachs analysts attempted to address a touchy subject for biotech companies, especially those involved in the pioneering “gene therapy” treatment: cures could be bad for business in the long run. “Is curing patients a sustainable business model?” analysts ask in an April 10 report entitled “The Genome Revolution.”

“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 Tuesday.

While this proposition carries tremendous value for patients and society, it could represent a challenge for genome medicine developers looking for sustained cash flow.”

Loki-face-palm

You know, I have lost count of just how many times I have seen woo-peddlers and conspiracy theorists claim that “big pharma” has the cure to cancer, AIDS, you name it but the pharmaceutical companies are suppressing that information because it’s far more profitable to keep people sick. I have argued against this bullshit. And now Goldman fucking Sachs just lent some fucking credibility to these loons.

Fuck.

I don’t have enough obscenities to properly  show my disgust and displeasure. Or to put it another way: “There aren’t enough swear-words in the English language, so now I’ll have to call you perkeleen vittupää just to express my disgust and frustration with this crap.”

Slag this, I’m going back to bed.

Advertisements

About Silverwynde

I'm a Transformers fan, Pokémon player, Brewers fan and all-out general nerd. I rescue abandoned Golett, collect as many Bumblebee decoys and figures as I can find and I've attended every BotCon since 1999. I'm also happily married to a fellow Transfan named Prime and we were both owned by a very intelligent half-Siamese cat, who crossed the Rainbow Bridge on June 16, 2018. We still miss him. But we're now the acting staff of a Maine Coon kitty named Lulu, who pretty much rules the house. Not that we're complaining about that.
This entry was posted in Bullshit, Science, Snake Oil Woo Woo and tagged , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.