Earlier quoted context omitted.
Most US medical research is highly dependent of public funding. Company's are only interested once the risks drop enough and the rewards are very near. Looking at just research and eliminating patent dogging efforts, Drug companies don't pay for nearly as much research as you might think.
Company's are only interested once the risks drop enough and the rewards are very near. Clearly not true. Less than 5% of molecules that drug companies pick up make it to market. Huge failure rate.
Lung Cancer Patients Live Longer with Immune Therapy
61–70 of 79 posts
Re: Lung Cancer Patients Live Longer with Immune Therapy
#62Earlier quoted context omitted.
That's kind-of what happens... only in the US, it's a huge tax on ill people, rather than a smaller tax on healthy people.
You have it exactly backwards. The healthy people are in fact paying for the ill people (who typically don't come even remotely close to ever paying for the cost of their treatment/care). The real cost to cover healthy people is extremely low, they pay artificially inflated prices for their insurance that subsidizes care & coverage for other sick people. In the US, 5% of patients represent over 50% of the cost of hea…
Agree - that's indeed how insurance works. :)
I was referring to high co-pays on vastly expensive new drugs, and was also being slightly facetious.
Re: Lung Cancer Patients Live Longer with Immune Therapy
#63Earlier quoted context omitted.
> Putting caps on prices without doing something about research costs is just going to kill research. All the big pharma companies are laying off scientist every week because even with uncapped prices the returns are so low that it is not worth spending the money to develop new drugs. European countries pay much lower prices (although still relatively high vs. an average salary) vs. the US. The dirty secret is that t…
> European countries pay much lower prices To be fair, European big pharma also lives off the US market to plump their margins. That subsidizes their ability to charge lower prices in Europe and elsewhere. They also constantly poach cutting edge biotech & pharma companies out of the US to keep their stables full, such as AveXis, Genzyme, Genentech, etc. Without constantly buying up elite US biotech, Europe would have…
...as I said in my very next sentence? :)
> They also constantly poach cutting edge biotech & pharma companies out of the US to keep their stables full, such as AveXis, Genzyme, Genentech, etc. Without constantly buying up elite US biotech, Europe would have practically no biotech industry at all.
Can I ask, what's the problem with this?
All of the companies you refer to are pretty-much global - they have a presence in many countries, including the US, and by being publicly traded, ownership isn't especially linked to their country of origin. AZ (for example) being based in the UK means little for the UK, apart from that being where it pays some tax, and employs some people in its head office.
To take one of your examples, Roche (Swiss) bought Genentech (US), and still maintains the same huge presence in SF, still employs people in SF, still pays taxes there. And presumably the previous owners of Genentech stock did nicely out of this?
Re: Lung Cancer Patients Live Longer with Immune Therapy
#64Re: Lung Cancer Patients Live Longer with Immune Therapy
#65The prohibitively expensive nature of any immunotherapy leaves me profoundly skeptical of its practical usefulness. $100,000/year? That's more than twice the median income in this country. Is it simply that expensive to get mabs from animals, is drug development disgustingly expensive, or is there unbounded greed in pharmaceutical companies?
I've been in and out of the hospital a bit lately (broken back). That seems downright cheap. I average about $4,000 an hour when I'm in. The most recent "study" took an hour with one low paid tech using one ultrasound machine and it cost over $2,000. CT Scan? 15 minutes $7K. Heck, they charged nearly $800 to "start an IV" when they didn't even start it, it was the ambulance EMT that put it in (billed separately) they…
https://www.healthcarebluebook.com and a bunch of others are trying to provide price transparency. Sometimes 30 min drive means thousands in savings.
Re: Lung Cancer Patients Live Longer with Immune Therapy
#66This is truly exciting and only just the beginning. There is a host of bio-tech startups following this initial wave - with two main goals: 1., Improve the treatments to become 100% cures 2., Lower the price This is very similar to tech and, say, the storage space. Went from 100k for a few GBs to peanuts for TBs on AWS pretty quickly. That's what momentum in a crowded space will do. Healthcare systems around the glob…
In 50% of the full range of cancer types treated so far by the drug in question, immunotherapy does absolutely nothing. And for another 25% it helps only a little. Only about 25% see a game-changing response. Even then, among high responders, most are not cured. They do live longer than if treated only with chemo. (In this study announcement, there's a 51% better survival rate after one year. That's great for those who are near death. But it offers them additional months of life, not decades.)
As of today, the fraction of patients who are fully cured of cancer by immunotherapy is unhappily small. It's also important to remember that these therapies are too new for us to know how long the positive effects will last. Will the lucky ones add months or years to their lives? We don't know. As of today it's just too soon to tell.
I do agree that the potential of treating cancer using the immune system is exciting. Certainly. But right now we're nowhere near able to declare victory or start worrying about the implications of ending cancer. That's not fair to the unlucky majority of cancer patients.
Re: Lung Cancer Patients Live Longer with Immune Therapy
#67Bad reporting - fails to explain what Immunotherapy actually is, jargons all over. Can anyone explain in simple terms?
[1] https://www.cancer.org/treatment/treatments-and-side-effects...
[2] https://www.cancer.org/treatment/treatments-and-side-effects...
Re: Lung Cancer Patients Live Longer with Immune Therapy
#68Re: Lung Cancer Patients Live Longer with Immune Therapy
#69Cuba has a lung cancer vaccine for $2. Peer reviewed. You don't hear about it. Edit: I don't even know why I go here if this site is so toxic I get downvoted for pointing out something. Enjoy your guys toxic conformation bias
[1] https://clinicaltrials.gov/ct2/show/NCT02998983
[2] https://clinicaltrials.gov/ct2/show/NCT01460472
[3] https://clinicaltrials.gov/ct2/show/NCT01598454
[4] https://clinicaltrials.gov/ct2/show/NCT01240447
[6] https://en.wikipedia.org/wiki/Racotumomab#Clinical_trials
Re: Lung Cancer Patients Live Longer with Immune Therapy
#70Odd they don't mention the cuban work on this field. "Researchers with Cuba’s Center for Molecular Immunology have developed and approved an immunologic cancer therapy that improves survivability for certain types of cancers in some cases; as of January 2017, the drug has begun clinical trials for the treatment in the United States." https://www.usatoday.com/story/news/world/2018/01/09/cuba-ha...
https://www.ncbi.nlm.nih.gov/pubmed/25420897
https://www.frontiersin.org/articles/10.3389/fonc.2012.00150...
This drug has completed a limited Phase II study in 2014 (71 patients), adding about 5 months of life over the control group (11 mo vs 6 mo). Then it began a large international phase III NSCLC (lung) study which apparently hasn't ended yet.
It's approved for use in Cuba and Argentina, probably only for lung cancer.