Getting a traditional pharmaceutical to the market can cost a billion dollars or more. Newer, more tailored and targeted drugs called biologics are even more complex and expensive. Simple economics dictates that companies and venture funds will invest more in products that can generate a sufficient return.
David MixnerI had old bunk beds that my dad got from Seabrook Farms. They were first used by German prisoners during World War II, who were sent to work the farms during the war. The metal beds with their thin mattresses could easily be used as a jungle gym and I loved them.
David MixnerI often laugh and say I should go down to the Department of the Interior and register as an endangered species. I'm a gay man over 60 and I'm alive.
David MixnerPharmaceutical companies have invested hundreds of millions of dollars in new HIV/AIDS treatments not out of altruism but because they can make up those research costs in sales.
David Mixner