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Bad news for the Warren family. Please pray for them


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Today is a sad day for the Warren family.  Please pray for the Warren family before celebrating our tax cuts. Let's pray for the 200,000 people in the U.S that suffer from a rare disease. Orphan Drug Research Credit will be cut in half

http://raps.org/Regulatory-Focus/News/2017/12/18/29066/Senate-House-Agree-to-Cut-Orphan-Drug-Research-Credit-in-Half-in-Tax-Bill/

Does it make economic sense for drug companies to invest in thousands of rare diseases?

Edited by SamuelTheLamanite
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10 hours ago, SamuelTheLamanite said:

Today is a sad day for the Warren family.  Please pray for the Warren family before celebrating our tax cuts. Let's pray for the 200,000 people in the U.S that suffer from a rare disease. Orphan Drug Research Credit will be cut in half

http://raps.org/Regulatory-Focus/News/2017/12/18/29066/Senate-House-Agree-to-Cut-Orphan-Drug-Research-Credit-in-Half-in-Tax-Bill/

Does it make economic sense for drug companies to invest in thousands of rare diseases?

This is part of a general pattern of defunding of important basic research programs.  The Luddites are now in charge.

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Anything government "touches" tends to obscene price inflation (like college tuition).  It is a thousand times better to let the free market facilitate innovations.  For example, VCRs and large screen TVs were priced high when first marketed and pretty much only the wealthy could afford them.  But in a matter of months or a couple years, prices start declining due to growing markets or greater competition.

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