>Pharmaceutical companies are not interested in curing disease. They would like to treat disease
This is nonsense. Pharma are never in a position where they can choose between curing and treating. 90% of clinical trials fail. Pharma is throwing things at the wall and picking whatever sticks.
Then explain the herd mentality if they were truly all trying all posibilities. No, same old same old. Pharma is not removed from the usual incentives of capitalism. FWIW the line about treatments not cures is pretty much a direct quote from a product manager at a major pharma company I heard speak at an internal presentation. Straight from the horses mouth.
Many of the biggest medical innovations have come from publicly funded university researchers, which then license or give away their findings to private businesses.
