As a start to the first post in CuraHOPE, we are going to explore 3 potential reasons why true cures for incurable diseases and illnesses are so elusive and hard to find nowadays. Since the aim of this site is to drive awareness and hopefully change for the medical industry, we are going to dissect the problem into some key assumptions and while these might be unproven (since it’s hard and costly to prove), true knowledge starts from understanding why there could be a problem in the first place.

3 potential reasons why true cures are elusive

One of the biggest reason why true cures could potentially be elusive might be because it is extremely expensive to bring a drug to market. A recent study conducted by Tufts in 2014 show that the cost to bring a drug to market is US$3 billion. Why is it so expensive? Should it be so expensive? The study credits the high costs to clinical trials, a focus on chronic and degenerative diseases and comparative data. In our opinion, without micro segmenting the cost of bringing new drugs to market, the industry will always be opaque with limited accountability. We want to change the status quo by challenging the cost of development of new drugs. The fact that TREATMENT drugs are usually developed (to alleviate symptoms) instead of True Cures is also an extremely troubling one.

There are questions whether the industry is focusing on development of cures

A second potential reason why true cures are hard to find could be because the industry is not tailored towards channeling the right resources towards development of cures. Imagine this, like all industries, the pharmaceutical industry is also governed by the law of demand and supply. That explains why diseases like Hepatitis C which used to be incurable but now curable being an extremely expensive cure. According to Healthline, the average cost of curing Hepatitis C is more than US$100,000. The point is, once cures are developed, regulation might kick in to restrict supernormal profits for the industry, and consumers who recover from the previously incurable disease will not be a recurring customer. Therefore, there could potentially be a disincentive to find true cures, and continue development of treatment drugs.

There has to be a collective, stronger and more open approach for researchers to come together

Lastly, there might not be any consistent effort by researchers to band together and research true cures for the good of the humanity. Without putting the best and brightest together in a single focused direction, there will be many parallel researches taking place and no concentrated improvement which might arise from exchange and flow of information. Moreover, resources might be wasted as some researchers continue in the same direction. There is huge opportunity cost on that front.

Again, back to the title of the topic on 3 potential reasons why true cures are elusive, we believe that going forward, it is possible to impact change; as long as humanity band together, diseases and illnesses will never be incurable.

About the Author Shane

Shane is passionate about the medical industry and constantly envisions a world without incurable diseases and chronic conditions. He seeks to use his entrepreneurship, venture capital and sales and marketing experience to bring real change to the medical industry, one insight at a time. In his spare time, he likes to spend time with his family, do online learning and read.

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