would be money in cures for the companies that could come up with those cures. A startup that had come up with a cure would be happy to grab the business from the major pharmaceutical companies selling ongoing treatments that only help manage a disease.
True in this hypothetical. However the startup will also rapidly reach the same conclusion as the pharmaceutical giants. There’s more money in managing long term rather than curing. As the simple fact of the matter is. Most people are going into a Business. Whether it be Medical or otherwise with the intention of making piles of money. Any benefit they bring to their fellow man is a side effect rather than the goal behind it. All you’d really be accomplishing is changing the names of the players. Rather than fundamentally altering the rules of the game.
You can’t keep a Business going long term if you eliminate your clientele’s need for your services. The clientele in this case being the patients.
There would presumably be new people developing the disease they'd found a cure for, so there would still be ongoing business there. It's true it probably wouldn't be as lucrative as providing medication you can never stop taking, but it could still be quite profitable.
If the startup went out of the "providing a cure" business, in a free market, another hungrier startup would take its place.
There are quite a few businesses that don't have regular, ongoing customers. Home builders, colleges, funeral homes, boat sellers, etc. often provide a product or service once per customer and move on to selling to other customers.
True in this hypothetical. However the startup will also rapidly reach the same conclusion as the pharmaceutical giants. There’s more money in managing long term rather than curing. As the simple fact of the matter is. Most people are going into a Business. Whether it be Medical or otherwise with the intention of making piles of money. Any benefit they bring to their fellow man is a side effect rather than the goal behind it. All you’d really be accomplishing is changing the names of the players. Rather than fundamentally altering the rules of the game.
You can’t keep a Business going long term if you eliminate your clientele’s need for your services. The clientele in this case being the patients.
There would presumably be new people developing the disease they'd found a cure for, so there would still be ongoing business there. It's true it probably wouldn't be as lucrative as providing medication you can never stop taking, but it could still be quite profitable.
If the startup went out of the "providing a cure" business, in a free market, another hungrier startup would take its place.
There are quite a few businesses that don't have regular, ongoing customers. Home builders, colleges, funeral homes, boat sellers, etc. often provide a product or service once per customer and move on to selling to other customers.