Jonksy,
firstly, thalidomide was a long time ago now, and it resulted in both
companies and authorities agreeing upon a lot more testing for
unexpected side effects before a product could be launched for
treating anything. A lot of the cost for R&D of new medicines are due
to different jurisdictions having different legal requirements for the
permission to supply the same medicine in their particuar country !
It would help reduce costs if the different national authorities
could see their way to a wee bit of standardization over this
aspect. Nothing bad on that scale has occurred since then!
Until we restructure our economies so that we supply medicines free to
those that need them, and fund the R&D out of the kindness of our
hearts, the companies doing it will expect, and be entitled to, a just
reward and profit for their effort. Even whether or not they were
state owned, this would still apply!
A lot of money and time could be saved, if studies that showed that a
particular new candidate substance for a medicine did NOT work, were
published: everyone is happy to publish their successes, but nobody
almost, ever published that a substance they were working on did not
have the effect they expected after all, or that it was just too
toxic. The result of this is that a lot of work on compounds that are
no use gets repeated by different research teams, wasting time and
effort that could be avoided, if they had only known what the others
had found out!
Several companies have provided life-saving medicines for rare
diseaases free or at token price - they do care about people, if they
did not they would be working on easier and more profitable things !
People seem sometimes over quick to criticize the pharma industry but
slow to appreciate acts of goodwill from them,
Not all countries respect the patent laws, and some have companies set
up ready to pirate any new expensive medicine by manufacturing the new
products at a lower price.
Some governments set the price allowed at what they are prepared to
pay, the companies then can decide whether to not supply it to those
countries or to accept being told what low price they have to accept.
You do not understand the costs of research and devlopment, for every
thousand compounds synthesized and screened, each costing tens of
thousands of £ $ € or whatevers, only 3 - 4 show enough interesting
characteristics to be followed up. For every product that finally
becomes approved for supply to treat a serious condition in people,
about 200 or even more have gone most of the way through all the
experimets on cell cultures, several species of animals, and human
volunteers, only to have to be discarded for reasons of insufficient
desired effects or serious side effects.
Jonksy, be thankful you live in a world and a time that enough people
are willing, like I was, to spend years of their lives working in
labs, which are quite dangerous places to work in, in order to save
other peoples' lives or make their suffering from their illnesses less
severe. There are plenty of eyes watching what we get up to these
days, that the chances of getting too rich quickly from developing a
new medicine are pretty low !