Drug companies will stop a cure hitting the market

[gmonasco]

yes, if replicel came up with a cure, the big guys with vested interests in propecia, rogaine etc would buy them out or buy the patent off them. to get all the people who would otherwise be on the big 3 to go out and spend money on a cure..

As has already been pointed out repeatedly, minoxidil's patent has expired, and finasteride's will expire next year. No one company makes enough off of either of those products to make it economically viable for them to buy up patents and companies to keep a more effective treatment off the market, or even to want to.

the market price would have to be as low as $20,000 i think that's a probably high estimate but anyway... now someone like me who uses $1600 hairloss products a year is worth a lot more to them (roughly $50,000) assuming i continue with treatment until I am 50 yrs old so its a no brainer to them, keep the one off cure out of the market as it equals over 50% reduction in profits

It's so sad to see kids growing up these days without a basic grasp of mathematics.

[2020]

yes, if replicel came up with a cure, the big guys with vested interests in propecia, rogaine etc would buy them out or buy the patent off them. to get all the people who would otherwise be on the big 3 to go out and spend money on a cure.. the market price would have to be as low as $20,000 i think that's a probably high estimate but anyway... now someone like me who uses $1600 hairloss products a year is worth a lot more to them (roughly $50,000) assuming i continue with treatment until I am 50 yrs old so its a no brainer to them, keep the one off cure out of the market as it equals over 50% reduction in profits

WHO? Who are the big guys?? Merck and Johnson&Johnson are SEPARATE COMPANIES. THEY COMPETE WITH EACH OTHER. Why should Merck spend billions of dollars buying Replicel to also preserve Rogaine's profit??

also: No one spends $1600 on hair loss per year.... Most people spend much much less and a lot of them buy generics (Merck makes no money off of that). Propecia's patent is about to expire anyways. I guarantee you, Merck does not give a shit about Propecia. They make > 95% of their profits from their other drugs anyways.

Take your conspiracy crap someplace else.

[jman91]

And you're right two fewer times per day than a broken clock is.

opinion is to fact as pigeon is to cat my friend

[jman91]

No one spends $1600

sorry to detract from your point (something gmanaco practises)

but I spend £40 a month on propecia
£20 a month on rogaine
£30 a month on couvre
£6 a month on Nizoral

that is £96 a month x 12 = £1152! in todays dollars this is actually $1827.

back to your point that there are a couple of companies competing and they all make soo much more money out of other products etc so why would they bother interfering ... well dont forget that each of these companies will not look at their finances as a whole and be like oh let's just forget about controlling the hairloss market because we have plenty of other products etc they will all meticulously work out the best way to make sales and profits out of each product that they sell and as I pointed out their customers with the long term treatment products are worth more than they could get away charging for a one off cure treatment. I rest my case, thanks for playing though.

[jman91]

It's so sad to see kids growing up these days without a basic grasp of mathematics.

care to elaborate gmamaco?

[2020]

sorry to detract from your point (something gmanaco practises)

but I spend £40 a month on propecia
£20 a month on rogaine
£30 a month on couvre
£6 a month on Nizoral

that is £96 a month x 12 = £1152! in todays dollars this is actually $1827.

back to your point that there are a couple of companies competing and they all make soo much more money out of other products etc so why would they bother interfering ... well dont forget that each of these companies will not look at their finances as a whole and be like oh let's just forget about controlling the hairloss market because we have plenty of other products etc they will all meticulously work out the best way to make sales and profits out of each product that they sell and as I pointed out their customers with the long term treatment products are worth more than they could get away charging for a one off cure treatment. I rest my case, thanks for playing though.

.... if some company comes up with a cure, that company will be valued SO HIGH, that it would become waay to expensive for them to buy it because it would take DECADES and DECADES of Propecia's and Rogaine's future profits to make all that money back....
Their patents are about to expire anyways! They won't be able to make that money back so WHY WOULD THEY EVEN BOTHER??? THEY WILL LOSE MONEY!

[jman91]

WHY WOULD THEY EVEN BOTHER??? THEY WILL LOSE MONEY!

i don't doubt your logic, but what I will say is, there are mysterious forces at work. It's been over 10 years with no real developments, coincidence? i think not.

[2020]

i don't doubt your logic, but what I will say is, there are mysterious forces at work. It's been over 10 years with no real developments, coincidence? i think not.

so someone has been buying out patents that could have cured hair loss??

ffs there is no conspiracy here. scientists just didn't know much about male pattern baldness back then. go join flat earth society or something.

[Follicle Death Row]

It does not take a genius to realise drug companies make money out of creating treatments whether or not they come to market. This is the reason they do spend money and genuinely try to come up with stuff. You see curing baldness and making money from curing baldness are not the same thing.

When they are successful and create a real promising treatment that looks like a cure, a bigger player comes in and buys them out either by giving them money for the patent or buy buying the company out. I am not saying this is always going to be the case but I believe its happening often and is a result of the greedy capitalist system and its exploitation of the medical industry.

Except that baldies to be are born everyday. So there will always be a stream of income with cellular treatments. We don't even know if these cellular treatments are long lasting so we may all need topups every 5 years or so. A cure of the kind we're talking about would be megabucks.

By your logic, the contact lense guys would have stopped LASIK from becoming commonplace. That just didn't happen.

[gmonasco]

By your logic, the contact lense guys would have stopped LASIK from becoming commonplace. That just didn't happen.

And promising self-driving automobile technology has already been demonstrated. How come the powerful chauffeur lobbies and truckers unions haven't bought up the patents yet?

[jman91]

ok well it is obviously something subject to your own beliefs and opinions, none of us could say for sure the other is wrong.

just out of interest though

post a reply of the year you think a cure type of treatment will hit the market (obviously it cannot be anything other than an educated guess) i just want to see how optimistic or sceptical you guys are?

me personally: 2025

[2020]

ok well it is obviously something subject to your own beliefs and opinions, none of us could say for sure the other is wrong.

just out of interest though

post a reply of the year you think a cure type of treatment will hit the market (obviously it cannot be anything other than an educated guess) i just want to see how optimistic or sceptical you guys are?

me personally: 2025

Histogen will definitely have something in 2015 (possibly even 2014 in Asia)

[cleverusername]

That makes as much sense as saying that cancer hasn't been cured because it would hurt the pharmaceutical/medical dept. pockets. As if the medical community at large doesn't have family members that could possibly or have died from cancer.
I wouldn't classify you as a conspiracy theorist. Just a wee bit pessimistic.
Now on the other hand, if you begin to talk about 911....

I know I'm posting this like a day late but oh well haha. I was just thinking about a possible reason why some diseases are treated and cures are not released: population control. As messed up as this sounds, this planet has limited resources and is over populated. Imagine how much the world's population would increase if those diseases were cured. Also not to mention the money involved. I'm not sure that the companies use 100% of charity (such as the heart and stroke foundation etc) money for research, but God I hope I'm wrong. An example of company's not using a sufficient amount of donations is invisible children.

Don't get me wrong, I want cures for cancer, aids, hair loss, etc more than anything and I understand that they are very complex problems and aren't simple fixes. It just seems weird sometimes... Oh well though, let's hope for some good new from Replicel in the next few weeks.

[2020]

I know I'm posting this like a day late but oh well haha. I was just thinking about a possible reason why some diseases are treated and cures are not released: population control.

.... OR it could be that the scientists can't come up with a simple way to fix some of the current diseases because they're just TOO COMPLICATED to be cured with a simple pill or injection.

Medicine hasn't advanced enough VS population control. Which do you think it is??

[Tracy C]

Medicine hasn't advanced enough VS population control. Which do you think it is??

I'll take medicine hasn't advanced enough.