dudemon said:
Oknow said:
sammo said:
Sorry Dudemon to have stared all this discussion and left off.
Thanks for bringing your accounting background to my argument. As much as I'd love to be hopeful that a new HM or treatment comes to market, it just seems there is too much money at stake for rogaine and all those companies which have the market by its balls. Even the hair transplant industry would be scared of a cure. I think the word 'conspiracy' that people have thrown around is a bit over the top, society has conditioned us to assume that things work in the best interests of the population, but it's the nature of capitalist society to want to retain consistent profits over time that drives society 'forward'.
For example...... In regards to 'short term profits' which people have mentioned to be contrary. People argued that short term profits of releasing a cure for baldness would be huge. I agree in theory, but chances are the type of procedure which is being offered is so simple to administrate that, suddenly the company who has the head start needs to open offices all around the world to make sure they hold the majority of customers. The thing about propecia and rogaine for example, is they can ship their half effective product all around the globe and they already have the most popular brand name out there. It is unventured to just release the new cure and I imagine they will only venture there if they have to or if someone else begins to release a new cure.
Just a rant off my head.
It happens in every other industry. Why would hair loss be different?
Don't you think if someone invented a car that ran purely on air, sun or water, that they would be the hottest property on the market? Ever wonder why it hasn't happened? Same thing.
I think it's good to question things like this.
Then how do you explain:
Lazik
Permanent hair removal lazer
The computer making things such as the typewriter obsolete.
None of these should have been released going by your's and dudemons logic.
Aderans have pumped 150 mill into their research. Is that a joke of theirs. Then you have histogen. More then likely minoxidil and propecia will still be sold to those who cannot afford HM.
Lastly, the positives from curing hairloss means that workers will be much more efficient and happier. Productivity will improve which means a better economy. Why wouldnt they want to cure it?
I'm not saying that new technology can't or won't ever be released. I'm merely saying that it may take anywhere from a little to a LOT longer than 2014 (In the case of ARI) or any of the other possiblile "future release dates in the not-so-distant future." This delay will depend on a number oif factors; however, one of the biggest contingencies is how much Big Pharm and Big-Biotech wishes to control not only the release date(s) of this new technology, as well as the entire technology itself. They have the MASSIVE amounts of unlimited funds that can accomplish ANYTHING they wish to do...no matter what!
Bottom line: Money talks, and it doesn't always talk in our (the consumer's) best interest, at least not right away.
Even if the technology were available RIGHT NOW, can you imagine how much of a legal fight Big Pharm is going to put up, just to try to steal a piece of it, if not steal it entirely right out from under the small-time venture capital funded startups? How long is that going to delay it from being released into the market? years ? ... DECADES? ...???
And, BTW, the $150 million that ARI put out is "pocket change" to Big Pharm!
Yes, but you could say the same thing about propecia, it is competition for minoxidil, but yet still got released. So by your logic it should never have been released.
Besides let's take a look at the drug on the market - propecia.
Big Pharm - Merck is currently going through lawsuits over it due to sides. As a stand alone treatment it is known to be somewhat ineffective, MANY just can't handle it or in terms of continuous long term treatment, it's effects wear off after 5-10 years, maybe less for some.
So in terms of the ACTUAL market share, 'the big pharms' are potentially losing money due to shoddy exisiting treatments for male pattern baldness.
You then have minoxidil, again, something which provides an 'offset' of growth, but is no good in maintaining hair. And again, does not work for everyone.
The above factors is what puts people off using the "big pharm" products, many probably have chosen not to treat their baldness as a result and finally, I know a lot of people who personally are ignorant of these products. I know for a fact for example I would be using propecia right now, if it wasn't so shady.
You would have a more solid point if say the big pharms had a product out there on the market which was safe and effective in treating male pattern baldness, but this isn't the case. Propecia for example, is becoming a liability for Merck.
Well even if 150 mill is pocket change to the Big Pharm, the point is, it is still a hell of a lot of money. I don't think anyone will invest that much money into a 'high risk' product for the fun of it. When they could invest it elseware into something safer where they are gaurenteed some some sort of ROI.