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Life extension technology is going to transform the world

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Aug 21st, 2019
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  1. Life extension technology is going to transform the world of health care - for better or worse.
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  3. The benefits are enormous, and the problems are severe.
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  5. But what could we do about these huge problems and how are we going to pay for them?
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  7. What we know for sure is that some patients can't get enough of one medication or another, while the other medicines are either too expensive or can't reach their intended target.
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  9. The answer comes down to new technology and research.
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  11. And we know from experience that it is possible to design better medicines, but we have not been able to do it without serious financial investment.
  12.  
  13. Why?
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  15. First, because we don't make much money at all.
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  17. The pharmaceutical giants have huge financial clout, and their drugs are patented, which means they can charge much higher prices - and they do!
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  19. They also charge much more than what we pay for traditional medicines.
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  21. But they also charge a lot less for those drugs than they charge for new treatments.
  22.  
  23. Secondly, they charge too much.
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