Q: If you cause the cost of drugs to plummet, pharma won't spend money on R&D, right?
"If you cause the cost of drugs to plummet, pharma won't spend money on R&D, right?" This was a question from another anonymous post, but at least they were friendly this time. Before I answer this question fully (since I think I've alluded to it in other blog posts), I want you to take a step back and ask yourself a question: Why do drug companies make drugs? The first and feel-good answer is because they want to help people. I think this is the case for bench research. Havi
Our Indiegogo Campaign: We Need a Catchy Video
Knowing that everyone loves a good YouTube video, it dawned on me that we can kill a couple birds with one stone by creating a crowdsourcing project that will provide funds to make a whiteboard animation video because they are so good at catching and keeping your attention. I envision the marketing campaign thusly: "RESTORE MEDICINE TO AN A & B CONVERSATION" A (PATIENT) I'm sick. B (PROVIDER) Here, take this. A (PATIENT) Thanks. Here's a chicken. B (PROVIDER) Thanks. AND SCEN
Q: What about funding research?
"So what about funding research?" This was a question I saw posted on a random forum discussing the reasons why pharmaceutical and biotech companies have meds that cost so much. In the P.S.Y.C.H. plan, there is no money for research, and I think it should stay that way. Research, in my opinion, is best left to universities with funding from the general government (in the form of NIH, NIMH, CDC, etc.). If there are entrepreneurial companies that want to create the "next best t