Re:Why There’s a Severe Shortage of Cancer Drugs
by MoreSEMI on Wednesday June 28, 2023 @06:26AM
(#36504568)
This principle would just be summed up as an inelastic good in economic terms. Market forces apply wether or not we want them too. To me it seems, this would result in us being willing to pay any price for it, which may even be the correct principle. It should however, then not be surprising when cancer treatments cost 100s of thousands.
Re:Why There’s a Severe Shortage of Cancer Drugs
by changoplatanero on Wednesday June 28, 2023 @02:51PM
(#36510825)
Like imagine a few decades ago when it could have cost more than 1 billion dollars to sequence the dna of a cancer tumor. If science could show that it is effective in treating cancer to have the dna sequenced should the tax payers have paid 1 billion dollars to save one persons life? That would plainly be absurd.
In the case of cancer, it means a patient should be given the appropriate dose for their diagnosis, as determined by what science has shown to be effective.