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paulg's profile
Paul Graham
Paul Graham
Paul Graham
Verified account
@paulg

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Paul GrahamVerified account

@paulg

paulgraham.com
Joined August 2010

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    Paul Graham‏Verified account @paulg 11 Aug 2014

    Markets are usually quite clever but one place they break is in encouraging treatments rather than vaccines. Subscription revenue.

    9:55 AM - 11 Aug 2014
    • 73 Retweets
    • 93 Likes
    • Neil Soni Alex Palcuie Stu Smith Roshan Jared Mathew Mroz Steli Efti Brendan McManus Rory Felton 罗伊 Alex Ticas
    26 replies 73 retweets 93 likes
      1. Ori Schwartz‏ @fleafounder 11 Aug 2014
        Replying to @paulg

        @paulg Chris Rock'99:"Ain't no money in the cure, the money's in the medicine.that's how a drug dealer makes his money, on the comeback."

        0 replies 0 retweets 3 likes
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      1. CThorm‏ @cthorm 11 Aug 2014
        Replying to @paulg

        @paulg @JonathanGiorgis Because we pay healthcare on a service, not outcome basis. No mechanism to value life expectancy gains right now.

        0 replies 0 retweets 3 likes
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      1. Lisa Osborne‏ @julipeno 11 Aug 2014
        Replying to @paulg

        .@paulg You may find #opensourcepharma.net interesting then. Attempting to launch alternative drug dev pipeline to Big Pharma.

        0 replies 1 retweet 1 like
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      1. Alexander Mark‏ @AlsoColor 11 Aug 2014
        Replying to @paulg

        @paulg Just a small piece of a larger problem: Treatment over prevention. Many chronic conditions are highly preventable.

        0 replies 0 retweets 3 likes
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      1. Daniel Levine‏ @daniel_levine 11 Aug 2014
        Replying to @paulg

        @paulg also in the medical realm, encouraging longevity rather than quality of life

        0 replies 0 retweets 3 likes
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      1. Roman Snitko‏ @romansnitko 11 Aug 2014
        Replying to @paulg

        @paulg that is, if it costs millions and billions to simply pass FDA, you really need to sell it well.

        0 replies 0 retweets 2 likes
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      1. Max‏ @maxharris9 13 Aug 2014
        Replying to @paulg

        @paulg New vaccines are not protected enough by patents for a real market to exist.

        0 replies 0 retweets 1 like
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      1. Carlos Ribeiro‏ @carribeiro 11 Aug 2014
        Replying to @paulg

        @paulg There are vaccines and treatments in any segment. Good design is a vaccine; customer support is a treatment.

        0 replies 0 retweets 1 like
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      1. Alex Bugeja‏ @arbuge 11 Aug 2014
        Replying to @paulg

        @paulg Though if you're a biotech startup with nothing to lose, finding a successful vaccine is pretty sweet too...

        0 replies 0 retweets 1 like
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      1. Roman Snitko‏ @romansnitko 11 Aug 2014
        Replying to @paulg

        @paulg that's because drug and healthcare markets are overregulated and they simply need to find ways to make more money.

        0 replies 0 retweets 1 like
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      1. Malay Gandhi‏ @malayhgandhi 11 Aug 2014
        Replying to @paulg

        @paulg And thus the challenge of Sovaldi—they get hammered for developing and pricing a cure versus a perpetual treatment.

        0 replies 0 retweets 1 like
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      1. New conversation
      2. Noah Lehmann-Haupt‏ @noahlh 11 Aug 2014
        Replying to @paulg

        @paulg On the buy side, also why health ins. is a mess: "Profit" and "Health" not necessarily aligned. If cheaper to deny a claim...well...

        1 reply 0 retweets 1 like
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      2. Roman Snitko‏ @romansnitko 11 Aug 2014
        Replying to @paulg

        @paulg a typical pattern: regulate something, get an undesired side effect, blame the free market

        1 reply 0 retweets 1 like
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      2. John Backus‏ @backus 11 Aug 2014
        Replying to @paulg

        @paulg do you think this would be different if the barriers to entry for medicine were lower?

        1 reply 0 retweets 2 likes
      3. Chris Barber‏ @chrisbarber 11 Aug 2014
        Replying to @backus

        @jbackus3 pretty sure he's using that as an analogy

        1 reply 0 retweets 0 likes
      4. Chris Barber‏ @chrisbarber 11 Aug 2014
        Replying to @chrisbarber

        @jbackus3 though maybe you were also using medicine as an analogy

        1 reply 0 retweets 0 likes
      5. John Backus‏ @backus 11 Aug 2014
        Replying to @chrisbarber

        John Backus Retweeted Paul Graham

        @chrisbarberhttps://twitter.com/paulg/status/498891619437789185 …

        John Backus added,

        Paul GrahamVerified account @paulg
        Replying to @SamGichuru
        @SamGichuru I meant that literally.
        1 reply 0 retweets 0 likes
      6. Chris Barber‏ @chrisbarber 11 Aug 2014
        Replying to @backus

        @jbackus3 ha, I take that back, my bad

        1 reply 0 retweets 0 likes
      7. John Backus‏ @backus 11 Aug 2014
        Replying to @chrisbarber

        @chrisbarber No problem. To be honest, I wasn't even sure if it was an analogy.

        0 replies 0 retweets 0 likes
      8. End of conversation

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