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Gemna's avatar

When is Makary up to be confirmed? We need him ASAP

Vijay Gupta's avatar

"It is important to set arbitrary benchmarks. If you had no benchmarks then anyone could enter the market, and prices would fall. You need some hurdles to ensure only large (enough) firms can make it to market, and there are limited new drugs, so that prices can be kept high. We need some hurdles.

"But they can’t be too high. If, instead, you used endpoints like, “do sickle cell kids have less pain and do they live longer?” well then Pfizer drugs might not succeed. So the hurdles can’t actual be net or composite measures of patient benefit."

Nailed it!

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