10000 customers for your product in a market place.Production cost $0.50 per unit. 9500 have income of $100 per month and can afford to pay $1.The remaining 500 have income of $5000 per month and can afford to pay $50. So i sell at $50 per unit.

Pharmaceutical companies are investor driven.I recently read a shocking report by an american investment source advising investors in Gilead that they need not fear competition from other drug companies over new HCV drugs as 240,000 new cases could confidently be expected in the USA every year,and there would be enough profits for everyone.That is the shocking mindset that governs it all.It’s capitailism devoid of any morality from a country only too ready to lecture the rest of the world on human rights.Nothing is going to change that.
There is ,however,one faint star on the horizon.It is our own little Australian Benitec Biopharma .Quote from their website.
“Benitec Biopharma has developed a breakthrough platform for treating human diseases called ddRNAi.
Unlike other RNAi-based technologies, ddRNAi effects lasting change in target cells, leading to long term benefit and, potentially, cure. ”
Our current clinical pipeline is focused on multi-billion dollar market opportunities in Hepatitis C, Hepatitis B, lung cancer and wet Age-related Macular Degeneration, as well as the orphan genetic disease, oculopharyngeal muscular dystrophy. However, ddRNAi technology has potential well beyond these conditions; it could potentially be applied to countless genes in humans and in disease-causing micro-organisms.’

The technology involves gene silencing.Once the appropriate gene is silenced the virus cannot replicate and a person cannot be reinfected.One of the issues is that,unlike gene splicing,once a gene is turned off it cannot be turned on again,and it is a question of finding the correct vector to work the process..The research is well advanced and 5 trial sites have been set up,Yes, you guessed it,IN THE USA.
I have had a long conversation with Peter French the head scientist.He is very optimistic and confident.If it can be shown to work it will be a major revolution in medicine.
One of the questions I asked him was “If this is successful,its going to punch a massive hole in Big Pharma’s profits,how are they going to react.He seemed to think some sort of parnership agreement would emerge.But then he added “Of course if we were made an offer we could not refuse,we may have to rethink.”The only help this promising little company gets from the Australian Govt is Tax Concessions.This company operates on a tiny budget,and our local billionaires have shown no investment savvy.Its had to list on the Nasdaq to try and raise capital.
So in other words a discovery,if it shown to work, that could save this country billions will possibly be bought by the yanks in order to protect their own Big Pharma, and sold back to us,probably at a price that we cannot afford.
Are we a stupid country?

Fascinating stuff about Benitec.

On the subject of Big Pharma, I’m reminded of the opening lines of William Burroughs’ sci-fi novel Nova Express, written over 50 years ago, and quite prophetic:

“Listen to my last words anywhere. Listen to my last words any world. Listen all you boards syndicates and governments of the earth. And you powers behind what filth deals consummated in what lavatory to take what is not yours. To sell the ground from unborn feet forever –

“Don’t let them see us. Don’t tell them what we are doing –”

“Not The Cancer Deal with The Venusians –”

“Not the Green Deal – Don’t show them that –”

“Not the Orgasm Death –”

“Not the ovens –”

Listen: I call you all. Show your cards all players. Pay it all pay it all pay it all back. Play it all pay it all play it all back. For all to see. In Times Square. In Piccadilly.

“Premature. Premature. Give us a little more time.”

Time for what? More lies? Premature? Premature for who? I say to all these words are not premature. These words may be too late. Minutes to go. Minutes to foe goal –

“Top Secret – Classified – For The Board – The Elite – The Initiates – ”

Are these the words of the all-powerful boards and syndicates of the earth? These are the words of liars cowards collaborators traitors. Liars who want time for more lies, Cowards who can not face your “dogs” your “gooks” your “errand boys” your “human animals” with the truth”

Fact is, Big Pharma views us as cash cows. Literally. We’re all just expendable “human animals” to them. The same goes with big business in general. You get to see it in a more open and feral way in third world countries where they don’t really care who knows. In our first world countries it’s all put behind a veneer of respectability, but it’s uglier because it happens on a so much bigger scale.

UGH!!!

and the good old USA could well elect donald trump as their next president.absurd frightening.its mad!