Yesterday I wrote about why no new cures were being found. Today, Newsweek has put out in clear detail the reasons why. It is just as I has expected. No money exists to find such discoveries. Worse, it has a five point redundancy plan to make SURE a cure is never found. First, you have to discover a new molecule or pathway that inhibits or destroys a diseases ability to replicate. With a system built on finding new discoveries only, no money exists for already established patents that, once found, were promptly dumped in the waste bin of science. It would be like Columbus discovering the New World, leaving, and never telling anyone it ever existed or how to get there. There is also no financial reason for a scientist to look for a cure as he will receive nothing in return for it, at least in the short term. Should you be lucky enough to discover this new molecule (which we'll shall name Impossibilium or Imp for short) and prove its worth on your own time (no company is having its workers "waste" their time on non profit work), the real fun begins. Next you have to get funding from the NIH (National Institute of Health) for lab work which you wont get. Their funding is tied up in hundreds of worthless patents that have little chance of success. While I would agree that science will always be hit or miss, but closer inspection would reveal some of these patents tries as ridiculous and unlikely for success. Next you need an institution or university to help patent Imp which is probably the least complex of these five steps as there are lots of places that might give you funding. All of that depends on the patent office, which brings us to part four. Now your in hell. Anyone working with government officials, websites, etc. knows how bad it can be. Our patent office is no exception. They may decide to reject you for no other reason that because, although a lot of this is due to a complete lack of even basic science by the patent offices. It would be like Edison sending his patents to Larry the Cable Guy for approval. Plus, as I have seen personally, the government will blackmail you whenever possible to enrich their own pockets. The patent offices, if they say yes, may ask for millions in up front dollars which few small start up could afford. If after all that, and Imp is still viable, you now need investors. Investors wont show unless you can prove that Imp works with few side effects. You can't prove that Imp has few side effects without start up money. Catch 22. And now Imp is dead after all that. Years spent, millions wasted, all for nothing. This happens every day.
The chances for a FDA approved patent on a new cure for anything is 0.6%. 0.6% THAT'S TERRIBLE! A5G27 is being reported as being a possible cure for cancer. 90% of cancers. But no research is being done due to what I have said above. Hats off to Michael J Fox for his Parkinson's research and the Myelin Repair Foundation (MS) for not following the NIH model and are trying something else for a much needed cure in these horrible diseases. Also a big thumbs up to Obama for including in the new health bill that would give new money to companies looking for cures rather than death slowed.
A word of warning about the stock market. It dropped 376 points today and will probably continue its slide. The bottom is about to fall out. Look out for the wise.
Thursday, May 20, 2010
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