Monday, April 30, 2018
Eradicating Disease – Healthcare Industry’s Worst Nightmare?
Take just one
pervasive disease, diabetes. The American Diabetes Assn. notes that: “The
American Diabetes Association… released new research on March 6, 2013
estimating the total costs of diagnosed diabetes have risen to $245 billion in
2012 from $174 billion in 2007, when the cost was last examined… This figure
represents a 41 percent increase over a five year period.” And the number keeps
rising as Americans put on the pounds (type 2). MedScape.com adds: “Researchers using a simulation model have put a price on
the direct medical costs of treating diabetes and its complications, during a
lifetime, in the United States. The figure ranges from around $55,000 to
$130,000, depending on age at diagnosis and sex, with the average being
$85,200.” Plus the downtime and productivity losses.
You just have to look at the TV ads for treatment
options, noting how much money pharmas make from everything from injectable
insulin, insulin monitors, needles and the varying forms of lesser treatments.
Plus the loss of digits and limbs, pain treatment, vision loss and the host of
complications, direct and indirect like those from increased susceptibility to
other ailments (e.g., heart disease).
For many endocrinologists, treating and monitoring one form of diabetes
or another has become the bulk of their medical practices.
Cure diabetes, and all this stops. That the U.S.
government is dramatically cutting back on supporting scientific and medical
research has to come as good news for all those healthcare suppliers and
professionals. I mean, if diabetes and all the suffering it causes can be
eradicated, what is going to replace those treatment revenues for all those
totally dependent on the assumed incurability of diabetes. That there are clear
signs from European researchers that they really believe that diabetes can be
cured with a bit more research. You can bet that there is a huge contingent of
medical sectors that never want to see that happen.
Indeed, as we begin to embrace an entirely new approach
to chronic ailments, based gene modification and splicing, we are increasingly
likely to be able to cure some of the most expensive diseases with a single
genetic treatment. While that treatment might not come cheap, most believe that
it will be increasingly less expensive than the lifetime regimens needed to
treat so many of these diseases today… a
lot less expensive.
You’d think that given the statements of so many in
politics and the medical profession, seeking a path to universal healthcare… or
at least for now dramatically reducing healthcare costs… that this is
tremendously good news. But if you lift the curtain slightly, you just might
shocked at how hard some elements of the healthcare sector want to work to
crush such developments. The economic impact on those in the healthcare field
who are dedicated to such lifetime treatments is obviously devastating. So kill the research. Make the FDA drag its feet
for extra years if necessary, but make sure that they do not lose that income
stream!!!
Perhaps this excerpt from the April 13th Daily
Kos (coincidentally Friday the 13th)
might shed some light on how financial analysts look at this subject:
On April 10 in the year of our Lord, 2018,
analysts at Goldman Sachs allegedly released a report titled “The Genome
Revolution.” According to numerous news reports, the report delved into a
pretty awkward subject—cures.
"The potential to deliver 'one shot
cures' is one of the most attractive aspects of gene therapy,
genetically-engineered cell therapy and gene editing. However, such treatments
offer a very different outlook with regard to recurring revenue versus chronic
therapies," analyst Salveen Richter wrote in the note to clients Tuesday.
"While this proposition carries tremendous value for patients and society,
it could represent a challenge for genome medicine developers looking for
sustained cash flow."
It isn’t “good business,” to be absolutely
frank. We all know it isn’t. There are entire fringe worlds of conspiracy that
continue to exist based on this one single kernel of truth. Why is this
news now? Because science and medicine are getting very close to big and
meaningful breakthroughs on diseases and maladies that were once only somewhat
treatable with very expensive routines of medications. Gene therapy
breakthroughs have been a big part of this, with the FDA approving promising gene therapy trials, and even more exciting results coming in from around the world. But as CNBC
reports, solving serious problems for the public doesn’t mean you get to keep
buying mega-yachts. Goldman Sachs analyst Salveen Richter has some bad news for
our current “free market” system:
Richter cited Gilead Sciences' treatments for hepatitis C, which achieved
cure rates of more than 90 percent. The company's U.S. sales for these
hepatitis C treatments peaked at $12.5 billion in 2015, but have been falling
ever since. Goldman estimates the U.S. sales for these treatments will be less
than $4 billion this year, according to a table in the report.
"GILD is a case in point, where the
success of its hepatitis C franchise has gradually exhausted the available pool
of treatable patients," the analyst wrote. "In the case of infectious
diseases such as hepatitis C, curing existing patients also decreases the
number of carriers able to transmit the virus to new patients, thus the
incident pool also declines … Where an incident pool remains stable (eg, in
cancer) the potential for a cure poses less risk to the sustainability of a
franchise."
One of the very
reasons government needs to spearhead such research is to avoid this very
obvious conflict of interest between private industry and the needs of the
general public. Unfortunately, the Trump administration is completely committed
to the profitability of the private sector, so as long as that is our priority,
don’t hold your breath on any hope of containing healthcare costs or providing
great economically affordable access to the healthcare system. Then again,
there is an election later this year where your vote could make a difference.
I’m Peter Dekom, and I guess in the long
run, we get what we vote for!!!
Sunday, April 29, 2018
Loser Secret Science vs Winner Cutting Edge Technology
There
is deep suspicion of science and scientists within Donald Trump’s policies and the
evangelical supporters in his base constituency.
Experts with advanced degrees, years of technological experience, are precisely
the kinds of “elites” that need to be “drained” out of their Washington
influence, they tell us. Scientific truths, particularly the notion of
man-induced climate change embraced by virtually the entire scientific community
worldwide (and even by Pope Francis – in his encyclical on climate change) and other major
religious leaders, conflict with their very narrow and not-universally-held
interpretation of the Bible.
“In its enunciation of a ‘Biblical
Perspective of Environmental Stewardship,’ the Cornwall Alliance, an evangelical organization dedicated
to combatting climate change activism, declares:
“We deny, due to God’s faithfulness to His covenant, in which He
proclaimed, after the Flood, that He would sustain the cycles on which
terrestrial life depends for as long as the Earth endures (Genesis 8:22), that
God’s curse on the Earth negates either the dominion mandate (Genesis 1:28) or
the robustness and self-correcting resilience of the God-sustained Earth.”
ReligiousNews.com, January 26, 2015.
Or you can interpret the Bible, as does Pope Francis, that God gave
mankind both access to natural resources as well as a responsibility not to
waste or squander that gift. So many American evangelicals, not the case with
evangelicals in most other nations, believe that God was unconcerned with such
notions of wastefulness or irresponsibility.
That businesses wish to be exempt from having to install
pollution controls, avoid having to increase fossil fuel efficiency and replace
legacy equipment/end-products with machines driven by alternative energy
sources, be able to dump toxic effluents, by-products of their antiquated but
less expensive manufacturing/extraction processes, into public waterways,
landfills and the atmosphere without financial costs or any resulting
responsibility, and that mine owners and petroleum/natural gas extractors want
government support for increased fossil fuel use… all just happen to play into
the hands of those who denigrate scientists as snobby elites and those who have
rather dramatically unfounded religious beliefs that God wouldn’t let man’s
actions cause an unfixable climate change.
The poster-boy for that irresponsible wastrel mentality is the
rather openingly corrupt head of the agency he spent most of his adult life trying
to defeat, the Environmental Protection Agency’s head, Scott Pruitt. “The
Trump administration launched an attack on the science behind many of the
nation’s clean air and clean water rules, announcing a proposal [4/24] that
would in effect prevent regulators from considering a wide range of health
studies when they look at new regulations.
“The
plan by Environmental Protection Agency Administrator Scott Pruitt would
prohibit what he and industry advocates call ‘secret science’ — studies that
make use of data that are kept confidential, often for privacy reasons.
“The
embattled EPA chief, whose own secrecy on his personal finances and his
activities in office has drawn the attention of investigators, framed the
action as crucial to government transparency.
“‘The
era of secret science at EPA is coming to an end,’ Pruitt said in a statement.
‘The ability to test, authenticate, and reproduce scientific findings is vital
for the integrity of the rule-making process. Americans deserve to assess the
legitimacy of the science underpinning EPA decisions that may impact their
lives.’… Many of the country’s most prominent research organizations, however,
say the studies that Pruitt wants to ban are crucial to effectively protecting
the environment.
“The
proposal threatens to cut off the federal government’s access to essential data
and subject science to political manipulation, the research groups say. That is
because many health studies involve large amounts of patient data, which can be
accessed only under condition of confidentiality.
“Banning
such studies would prevent the EPA from considering many health impacts when
looking at rules to limit pollution. Identical proposals stalled in Congress
after protests from research groups, including the University of California
system and the American Assn. for the Advancement of Science.
“Environmentalists
said Pruitt’s motive is not to improve scientific integrity, but to stifle
regulation…‘This is a blatant attack on science that undermines the EPA’s
ability to protect our health and environment,’ said Tiernan Sittenfeld, the
chief Washington lobbyist for the League of Conservation Voters. She called the
proposal a ‘sham’ that would ‘limit the EPA’s ability to use the best research
on the health effects of pollution, which form the basis for vitally important
protections.’” Los Angeles Times, April 25th.
Preferring
to cut taxes for the very rich, as the United States continues to defund public
education and government-supported scientific and medical research, treating science
and scientists as little more than a nuisance to be marginalized if not purged
from positions of influence, China has done the reverse. She has elevated
education and those same scientists and researchers in what is increasingly an
easy path to supplant the United States as the world’s technology leader. Under
a new campaign, the People’s Republic is pouring billions of fresh cash into
training new scientists and supporting their research, even luring home Chinese
nationals with tenured science and engineering faculty posts at prestigious
U.S. universities, to embrace artificial intelligence and cutting-edge
technologies to become the future leader of hi-tech exports.
“Made
in China 2025 is a blueprint for transforming the country from a labor-intensive
economy that makes toys and clothes into one that engineers advanced products
like robots and electric cars. The Trump administration views it as an attempt
to steal U.S. technology and control cutting-edge industries.
“Officials
aimed to temper the initiative this month when they announced potential tariffs
on $50 billion in goods. But Chinese leaders consider the plan key to the
country’s development and refuse to alter its course.
“‘China
is trying to achieve a clear goal and America wants to stop it,’ said Andrew
Polk, cofounder of Trivium/China, a Beijing research firm. ‘And that’s where
the competition is.’
“Here’s
what Made in China 2025 is all about and what it means for the trade war:
“What’s
the objective?
“The
plan funnels billions into 10 industries, including biopharmaceuticals,
aerospace and telecom devices. It calls for 70% of related materials and parts
to be made domestically within a decade. A separate document details China’s
strategy to lead in artificial intelligence by 2030.
“Officials
modeled Made in China after a German initiative called Industrie 4.0, which
envisions greater automation in manufacturing and ‘intelligent factories’ that
operate with wireless sensors. They didn’t have much choice. The world’s
biggest population is aging and rising wages are sending low-tech factories to
other countries.
“‘The
labor supply is decreasing,’ said Ashley Qian Wan, China economist for
Bloomberg Economics in Beijing. ‘And that’s going to be a big problem for
China.’… [But the PRC plan is well underway.] For example, China developed its
first bullet train last year, the Fuxing [pictured above], which can reach a
top speed of 248 mph. Engineers have also built the first Chinese jetliner.”
Los Angeles Times.
In
the end, these Trump administration efforts, already leaving the United States
and Syria as the only two Paris climate accord holdouts, place the United
States globally at an increasingly severe competitive disadvantage that will
only accelerate as time passes. When the GOP loses its iron grip on U.S.
policy-making, it will take billions of new dollars and decades of time –
assuming we can even generate that kind of needed capital – to get the United
States back to its once-unchallenged lead as the engineering/science
entrepreneurial capital of the earth – to make America great again.
I’m Peter Dekom, and such
catastrophic leadership based on ignorance, isolationism, false nationalism and
clearly unworkable slogans just may be the “big undoing” of the entire United
States of America.
I-Ran So Far
One
of the most salient aspects of the Trump administration is how much of its most
important policy decisions are made “shooting from the hip” based on
ill-thought-out campaign slogans without the slightest understanding of what is
happening in the real world. Despite having a coterie of exceptionally
experienced and well-educated government functionaries at the Department of
State and the major federal security and intelligence, Donald “I really didn’t
do that well in school” Trump believes that he knows better, that such
expertise needs to be part of the swamp-draining he promised his constituents.
Let me be absolutely clear: Donald Trump is the least informed president in
modern American history. He even tells us how much he hates to read and how
much he distrusts so-called “experts.”
Nothing
brings this home like his position on Iran. Make no mistake, Iran is a
destabilizing force in the Middle East, not even slightly trustworthy, but
pulling out of the UN-sponsored six-party nuclear accord literally hands Tehran
a new rallying point to solidify its brutal repressive hand against its own
people. As much as Trump believes that Iran is a unified malignant tumor, a
blight on the planet, with its government and people aligned in ill-will
against the United States, that repressive theocracy is anything but solidly in
control; in fact, it is beginning to implode.
Iran’s
leadership is rapidly losing its cachet with the people; it is beginning to
become a failed state. The dribbles of regional protests have accelerated to
most obvious and powerful anti-government assemblages and messages. Iran needs
to distract its own people from their social and economic plight, reinstate a
“common enemy” to shift blame, and a blustering, tweeting, angry Donald Trump
is the easy button, a “bad guy” made to order.
Assuming
Trump ignores French President Emanuel Macron’s entreaties to keep that treaty
alive – an imperfect accord that at least stays Iran’s nuclear weapons
development – and withdraws the United States from that agreement in May, Iran would
then be free to resume that weapons program and use Trump’s personality as a
rallying point. Tehran can even point to her own protestors as aiding and
abetting foreign powers seeking to destroy Iran, justifying further repression
in the name of nationalism and Islam. So exactly what is Donald Trump failing
to see in the real Iran?
The
global warming that decimated farms in Syria and Iraq – loosing over a million
of now jobless and homeless farmers (and their families) into angry
hopelessness, easy prey for extremists like ISIS and al Qaeda seeking to topple
governments and fight for regional, if not global, control – well, that same
harsh impact of desertification that crushed livelihoods in Syria and Iraq is now
settling in over large swaths of land in Shiite Iran with similarly devastating
consequences. Please do not misinterpret the purging of ISIS fighters from Iraq
and Syria as a remote extinguishing of Sunni extremists. Whack-a-mole realities
continue to prove otherwise. But Iran is simply a mess that could prove its
undoing.
The
discovery of a body in Iran might have
shed some light on that country’s roiling discontent throughout. The April 26th
Los Angeles Times explains: “The latest threat to Iran’s theocracy — already
struggling to contain public anger over unemployment, economic mismanagement,
bank failures, social restrictions and environmental damage — seems to have
risen from the dead.
“Construction
workers renovating a Shiite Muslim shrine near the former tomb of Reza Shah
Pahlavi [pictured above] in Tehran this week stumbled upon a mummified corpse,
fueling speculation that it could be the missing remains of the king who died
in 1944. The tomb was demolished soon after the 1979 Islamic Revolution as
Iran’s new clerical rulers sought to erase all traces of a secular monarchy
that by then was widely seen as corrupt, despotic and dissolute. The body was
never found in the ruins, and over the years, the theocracy has quashed any
appreciation of the royal period.
“But
the passage of four decades, and deepening frustration with the clerics, has
revived the reputation of Reza Shah, whom many now regard as an enlightened
dictator who used taxes and burgeoning oil revenue to modernize the country.
“‘There
is some nostalgia because of the utter failure of the regime in virtually every
facet of Iranian life,’ said Abbas Milani, director of Iranian studies at
Stanford University. ‘An economy in shambles, an international persona as
pariah, double-digit unemployment and inflation, a failing financial system
[and] profound oppression against women are good breeding grounds for either
despair or nostalgia.’”
Iran’s
theocracy is slowly unraveling. They have not delivered a better life for most
Iranians… perhaps even lowering the standard of living even further. Their
international support of Hezbollah, the Yemeni Houthis, interference in
Lebanon, support for the Syrian Assad regime, meddling in Gaza and general
support for militant Islamists around the world is draining the national
treasury.
The
impact of sanctions still stings, even as the nuclear accord released some of
those economic restrictions. But the economic growth promised by Iran’s
leaders, even following the elimination of some of those sanctions because of
the treaty, just has not materialized. Dissention is growing fast. But a
woefully under-informed Donald Trump could just give a failing Iranian
government a whole new rallying point to justify the need for citizens to
“sacrifice for the good of the state” and to crush any rebellion or protest to
the contrary. Not to mention the power of operational nukes presented as a
necessary goal to contain Western “aggression.” North Korea, which has aided
Iran, is a good example of how the world responds to a nuclear power, and that
lesson is not lost on the Ayatollahs. Donald might just become a willing pawn
in sustaining and reinforcing Iran’s very unpopular government.
I’m Peter Dekom, and it is
unfortunately that we have an under-informed president who so willingly can be
played like a puppet by world leaders, from Bashir al Assad, Vladimir Putin,
Kim Jong-un to now, the Ayatollah Khamenei.
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