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Economy
Goldman Sachs Analysts Question Whether Curing Patients Is Good for Business
2018-04-17
h/t Instapundit
[Gizmodo] Recent advancements in science and medicine have put cures within reach for diseases that have long plagued humankind.

In a recent report, though, Goldman Sachs analysts posed an uncomfortable question that quickly sparked criticism.

"Is curing patients a sustainable business model?" analysts asked in an April 10 report entitled "The Genome Revolution," which CNBC first reported.

One-and-done cures enabled by gene editing, analyst Salveen Richter wrote in the note to clients this week, are near-miraculous innovations that stand to benefit patients immensely.

But they also present a challenge to business.

"While this proposition carries tremendous value for patients and society, it could represent a challenge for genome medicine developers looking for sustained cash flow," she wrote.

Posted by:g(r)omgoru

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Posted by: g(r)omgoru   2018-04-17 11:15  

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