Ferrari Mailing List: Re: Politics - Not List Material

[LarryT (l02turner]

Along those same lines Merck recently commercialized a drug that controls a 
fungal infection.  World wide there were a couple dozen cases - and many 
were fatal.  Merck had scientist and engineers, etc. working on a drug for 
10+ years.  All of that time and money spent (roughly $120k/ scientist/engr 
involved for 10 years with no ROI and no guarantee there would ever be a 
ROI.  Yet they spent the money and found a drug - because even though the 
people affected was incredibly small given the world population those who 
needed a cure welcomed their studies and eventual success.

Sure, it was expensive,  but if you owned shares of Merck would you want 
them giving money away?  When you rail against a corporation making money 
you are really railing against millions of retired teachers, firemen and 
clerks who have their retirement income pinned to their mutual funds making 
money so they can pay a dividend and granny will be able to buy groceries 
this week.  When a corporation makes money the investors make money - the 
corp keeps some for salaries, R&D, capital and expense but there's no big 
account marked Profit.  The profit goes to the investors - something all 
anti-business liberals ignore.

LarryT

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From: "Jim Conforti" <lndshrk [at] xmission.com>
Sent: Saturday, November 14, 2009 4:52 PM
To: "Larry Turner" <l02turner [at] comcast.net>
Cc: "Ferrari List" <ferrari [at] ferrarilist.com>
Subject: Re: [Ferrari] Politics - Not List Material

> Michael James wrote:
> > Polio wasn't eradicated by Pfizer.  Ever wonder why we have half-a-dozen
> > pills on the market to cure Erectile Dysfunction in this country, but no
> > cure for AIDS?
>
>  Let's see - because AIDS - despite the ridiculous amounts of money
>  spent on it to date - has not been "cured" - by all of the researchers
>  who search for a "cure".
>
>  TENS of BILLIONS of DOLLARS are spent on HIV research annually.
>
>  IMNSHO to the detriment of every other medical condition there is.
>
>  Sorry - not going to blame "private industry" here.
>
> Or Cancer?
>
>  Many types of cancer CAN be cured.  Many cannot.
>
>  There is no one CANCER.
>
> Couldn't that private-industry investment
> > for the development of Viagra have been better-spent on more worthwhile
> > medical pursuits that better-support the goodness and health of the
> > greater society?
>
>  What gives you the right to tell me where my dollars should go?
>
>  Or some company?
>
>  That's called THEFT - or INVOLUNTARY SERVITUDE.
>
>  That aside, your hate for capitalism and the success it brings, shows
>  loud and clear, COMRADE.
>
>  Do you know how Viagra was found?
>
>  They weren't looking for PENIS PILLS.
>
>  They were researching drugs TO TREAT HYPERTENSION (Blood Pressure),
>  ANGINA, and Blood Clots - researching a group of drugs called
>  phosphodiesterase inhibitors.
>
>  It was a serendipitous discovery.  They were going to discard it and move
>  onto the next drug when they found out it helped w/ erections.
>
>  Voila - now old guys can get it on, and old ladies don't have to cheat 
> with
>  the pool boy or gardener anymore... WIN/WIN!
>
>  Unlike (for example) the discovery of Zanamivir - aka RELENZA.
>
>  Which was designed by computational chemistry (my specialty, btw!) to
>  be a neuraminidase inhibitor - something that prevents the influenza
>  virus from replicating via infection of healthy cells.
>
>  Both cases of industry spending MONEY to find a cure for a disease.
>
> Guess what - private-industry doesn't give a DAMN
> > about such things.  Let's not kid ourselves here - this isn't the 1950s
> > anymore.  Business 'ethics' and 'values' have deteriorated from what
> > they once were to ONLY THE BOTTOM LINE MATTERS.  Quick, short-term
> > profits by any means necessary.
>
>  Really?
>
>  Here we go with the anti-capitalism/pro-socialism fantasies.
>
>  Viagra was discovered by accident while researchers were looking for real
>  cures for REAL diseases.  Zanamivir was discovered intentionally as a 
> cure
>  for a REAL disease.
>
>  Gee, that blows your theories right out of the water, doesn't it COMRADE?
>
>  As usual.
>
>  Suggestion: Quit while you're ahead.
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