What happened to critical thinking ?
If a business creates a product that never breaks , or never wears out, it wont be 'in business' for very long will it ?
The automobile industry is an excellent example of this.
Likewise , if the pharma industry eradicates a disease, how will it sell the cure/vaccine/treatment for symptoms ?
I know what youre thinking, virus's are too complex, too many mutations, and you could well be right.
The real question is , what did we do before big pharma ?
Did these complex mutational diseases exist then, how did we manage ?
I find it depressing how you cant have a discussion about vaccine CHOICE , without being labelled an anti vaxxer , or a flat earther, lizard man believer ect.
I think that the application of 'critical thinking' in this case would suggest that the pharma industry
cannot make a product that never breaks, because their business is people, and as GRR Martin so aptly put 'All men must die'.
If the pharma industry can eradicate a disease, then they will. Because if they don't one of their competitors will and they'll lose market share. You could think that this cuts into their available market, but does it really? You cure a viral disease that kills old people, you can sell them palliative care products for Alzheimers, cancer, heart conditions, broken hips, diabetes, the list goes on. If they die, you can't.
I'd also suggest that the shareholder mandated focus on performance 'right now' as opposed to a longer term strategic approach would further push companies to launch something that's going to be wildly successful now and pump the share price this year, even if it does cannibalize existing sales over a 10 year period.
As for what we did before big pharma. Well, generally, we died. A bit earlier than we do now too.
But as long as people continue to die, they'll die for 'reasons' and the pharma industry will remain relevant. For every cause of death they solve, another one pops up and the longer they can keep people alive, and ideally miserable, the more money they can make. That puts a rather different spin on the focus of the medical and pharma industries on keeping people alive at all costs, instead of focussing on maximising quality of life, I'd say...