RE: PDC's v ADC's22 Oct 2025 21:27
i was feeling worried about big pharma corruption, but it's not avacta's fault.i found a reddit post that helped me get over my worries.
maybe i should think twice before posting on lse and sounding like a village idiot🤔
🥴🍻🥴🍻
"i can't believe i'm wasting brain power on this, but here goes.
do you think there’s widespread corruption in the pharmaceutical industry, or are the issues more nuanced, like balancing profitability with innovation? answer: no, not even close. i mean, it does happen in some rare instances that you see out in public, notably, cases like cassava. but it's nowhere near the norm. this perception is easily explained by your average person is an idiot that thinks treatments for things are created from thin air, the way that doctors exist just to serve them. there is a saying "nobody sits on good data" which is true just like any other aspect of life-- companies display their best data most prominently and do their best to explain away their ****ty data. the only time in my life that i felt management asked me to betray scientific integrity (albeit it was a sleight of hand situation rather than anything illegal-- boiled down to a nuanced issue, but one i felt very strongly against), i left the company and i believe most people i've worked with in my career would have done the same.
how do you think the industry can improve public trust? answer: some pharmas don't help themselves on these things, e.g. sarepta charging $3m for a gene therapy that's never met a primary clinical endpoint. but why is it their duty to solve the scientific illiteracy epidemic in this country? it's not pharmas fault if you make a tik tok claiming you have chronic lime disease and claim your doctors are gaslighting you about your symptoms and pharma is "hiding the cure" you get 5m tik tok views.
what are your thoughts on the sentiment of a patient cured is a patient lost that floats around social media? answer: my thoughts are that science is ******* hard and if it's so ******* easy, these people should cure it themselves. there's a hilarious quote from ronnie coleman, who was a many times world champion bodybuilder that "everyone want to be a bodybuilder, but 'aint nobody want to lift no heavy ass weight". yes there are occasionally moral hazards that exist, but if i don't believe my mechanic is being truthful with me about what repairs my car needs, i simply either do it myself or consult another mechanic. i don't sit around accusing all mechanics of being frauds. same goes for the pharma industry. you don't think the cancer treatments i work on work? fine, go see a naturopath.
maybe hot take, but even as someone that works in biotech, i believe a significant portion of human ailments and disease would be preventable if people ate well and moved. but the truth is they don't. so that creates a market for biotech and pharma to create treatments for the resulting ailments. the payer situation in the us is also completely a
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