December 31, 2019

GOOD NEWS ON PHARMA: The 2010s were a decade of drug breakthroughs.

For all the flak the pharmaceutical industry has taken for its exorbitant pricing practices, there’s no getting around the fact that it’s been a pretty stunning decade for medical progress.

Multiple new categories of medicines have moved from dreams and lab benches into the market and people’s lives, and investors who came along for the ride often reaped extraordinary profits. . . .

As 2020 approaches, it’s worth highlighting how far we’ve come in the last decade in developing new therapies and approaches to treating disease, even as politicians grapple with how to rein in healthcare costs without breaking an ecosystem that incentivizes the search for new discoveries.

Read the whole thing, which suggests the 2020s will be better. Faster please!

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