It's really too late for this go-round but hopeful
Post# of 72440
(Total Views: 359)
Posted On: 04/01/2020 4:21:45 PM
It's really too late for this go-round but hopefully it spurs substantial government investment in the future for antibiotics and antivirals. Even if we get something approved and on the production lines in a month or two...the toll will be high.
A paltry $1B of Barda money could have had a dozen of these nightmare scenario drugs tested and ready to go on the shelves, Brilacidin included. This is a case where the capital markets failed to incentivize the development of these kinds of drugs.
Now we'll spend trillions in stimulus trying to buoy and recover from this decimation when a couple billion dollars of research and production could have significantly blunted the impact of this virus.
This is a failure across multiple US administrations and the world. It will be a costly lesson both in dollars and lives. Hopefully we can rebound quickly and take the lesson to heart.
A paltry $1B of Barda money could have had a dozen of these nightmare scenario drugs tested and ready to go on the shelves, Brilacidin included. This is a case where the capital markets failed to incentivize the development of these kinds of drugs.
Now we'll spend trillions in stimulus trying to buoy and recover from this decimation when a couple billion dollars of research and production could have significantly blunted the impact of this virus.
This is a failure across multiple US administrations and the world. It will be a costly lesson both in dollars and lives. Hopefully we can rebound quickly and take the lesson to heart.
(2)
(1)Innovation Pharmaceuticals Inc (IPIX) Stock Research Links
Scroll down for more posts ▼