So I found this the other day. The report is over 2 years old and as the report states (it shouldnt be a big surprise), no one has followed up on it.

Watch the video from CTV news. Its pretty sad when you think about it.


http://www.youtube.com/watch?v=z1ifXxbxhZc

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Doesn't surprise me at all.

I am sure they have done even worse - ie: bought inventions that were cures for mass diseases and killed them to continue profiting from their existing line of drugs that help cope with these diseases and keep the patients coming back for more.

It's sad but it's just the reality of the capitalistic society we live in.

I don't mean to rain on your parade Axeman, but I my opinion the reason the pharmaceutical companies haven't jumped on this is they don't believe it will work. Let's face it, if it was even marginally effective they'd be all over it and leverage it for obscene profits. They want a cure for cancer so they can charge a king's ransom to give you the cure.

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You should watch the article before you comment.

It's an old drug which has no patent protection so they cannot protect profits.

If they felt they could profit from it they would have secured patent protection. We at least agree on one thing, the sole motivator here is money.

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You cannot patent something you did not invent...

This is an old, cheap formulation that has been floating out there forever, nobody can claim it. Basically the problem is once one company invests the hundreds of millions to refine and mass produce, then Company XYZ from China can mimick the finished product without having to make that investment.

Sadly, it's true. However, the only glimpse of hope in this is that this drug is not 100% final and needs another component (that can be patented). After which, they will be able to claim the finalized drug as a patent.

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Honestly, my first reaction is that I need a little bit more than big media (Lloyd Robertson - sp?) telling me that big pharma is to blame. I get why a profit-seeking business wouldn't get involved if they can't patent it, but if there is a cure for cancer/strong lead out there I have to believe someone is going to support it (government, charities, philanthropists etc.). I may be wrong but I have to believe there is more to this story.

Keep in mind that the media is cut from the same cloth as other profit driven businesses - if sensationalism helps bring in viewers then they will use it and discard fact/debate.

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So the pharmaceuticals don't want to invest in taking it to the next level of testing.....well, I think there are a few billion people who have donated a few billion dollars to fight cancer that might want to alocate their donations to this cause.

If it's a cheap formulation that is basically public domain and it works as advertised some company will take that initial plunge, Chinese ripoffs be damned. A tweak here or there to the formulation that doesn't cripple the drugs effectiveness and a money hungry company will likely take their chances in court and try to patent. The money to be made being the first to hit the market with a cure for cancer beggars belief.

A cancer cure is one of those advancements where the first one in will most likely profit more wildly than those that come after. Cancer has been a scourge throughout human history and naturally people will be stampeding to get the cure once it's available. The price they'll charge will be astronomical and they'll make back their investment many fold before the competition gets in.

They're not dummies, they know the current drugs they're profiting from are being reverse engineered and copied by others around the world and not just China. Like I said before we both agree that altruism isn't involved here no matter which of our arguments you agree with.

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