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View Diary: Good News from Alzheimer's Researchers they may have found the magic bullet (164 comments)

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  •  IT Pro - why would a drug company do trials? (4+ / 0-)

    How could a drug company possibly spend nearly a $1 billion to reach a definitive decision on niacin when they have no rights to the product? These are the kind of studies that are perfect for the NIH who is looking out for all of us, not a for-profit company that must justify its expenses to shareholders.

    "let's talk about that"

    by VClib on Thu Feb 09, 2012 at 10:14:46 PM PST

    [ Parent ]

    •  There was a drug company test of (4+ / 0-)
      Recommended by:
      boudi08, mhanch, Babsnc, Just Bob

      a new drug as compared to Niacin, and they STOPPED the test when it became obvious that the Niacin was working better than the new expensive drug!

    •  golly gee (1+ / 0-)
      Recommended by:
      Just Bob

      You mean that an organized group created for the common good and not for profit will do a better job at something than an entity created by the free market?  

      The NIH aren't the only people who could do this sort of study.  Universities used to be hotbeds of this sort of thing, only now they are just as market driven as Pfizer.

      •  Nina nearly all this sort of university research (4+ / 0-)
        Recommended by:
        Sylv, mconvente, elfling, Just Bob

        was funded by the NIH or similar government or private foundation grants. Universities were not funding this from their own endowments.

        For profit companies can only spend research and development funds on projects that lead to a proprietary product. When you have a cheap generic you need to find government or foundation grant money to pursue the clinical trials.

        "let's talk about that"

        by VClib on Fri Feb 10, 2012 at 06:47:33 AM PST

        [ Parent ]

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