Gene Therapy: Big Pharma Dangles Life and Death Over Patients’ Heads
Breakthroughs in gene therapy mean a single shot could cure you ... permanently ... but for a price.
Gene therapy involves identifying and replacing faulty or missing genes, or engineering augmentations for existing genes to permanently cure a wide number of conditions and illnesses ranging from cancer and diabetes, to regenerative processes like rebuilding hearts or storing sight and hearing.
A breakthrough clinical trial in 2012 saw several patients stricken with incurable leukemia put into permanent remission using gene therapy. The actual process of creating re-engineered cells taken from a patient and reintroducing them costs approximately $15,000, and such procedures are still in the experimental phase. While this cost does not include the required intensive care required to bring a patient from the brink of death back into full health, it is likely the costs in the near future will be drastically lower than current and far less effective cancer treatments are today.
The transformative power of this new technology spells the end of big pharmaceutical monopolies who wallow in billions in profits year to year, enabling them to continue dominating modern medical practice through the skewing of regulatory bodies, the stacking of academic studies, and even the expansive, global bribery of doctors and other medical practitioners to push big pharma’s products.
As gene therapy enters into mainstream medicine, big pharma has attempted to control it. In order to continue reaping the unwarranted profits, influence, and power big pharma has accumulated over the decades, they plan to compensate for the drastic drop in prices and the fact that many conditions will now be permanently curable, cutting patients off from a lifetime of dependency on big pharma’s cocktails.
Essentially, they have announced that patients will be placed essentially into lifetime debt in exchange for single treatments that will cure them – cures that will be priced at around $1 million.
Indeed, Reuters would report in an article titled, “Insight – Paying for gene therapy: are annuities the next big thing?,” that:
Drugmakers contend that a one-time cure, even at a price of more than $1 million, would save money over the long term. But there are concerns that health insurers will balk at covering that kind of upfront cost.
The therapies do not cost $1 million, keeping big pharma a monopoly does. Reuters also includes in their article insurers demanding exorbitantly priced medications be discounted, and under pressure, big pharma was able to cut prices by as much as 50% and still stay in business.