And, yeah, drug development is high risk. In other news, the sky is still blue.
Type 1 diabetes is still a pretty big market even if you had a one shot cure. There are hundreds of thousands of type 1 diabetics. If they pay a thousand dollars each (a steal at that price), that's hundreds of millions of dollars. For comparison, there are a few thousand people with CML, but that didn't stop Gleevec from being developed for it (it's very expensive).
A steal at a thousand dollars ?
I have Type 1 and would consider an actual cure a great deal even if it cost everything I own plus my entire earnings for 10 years.
And, yeah, drug development is high risk. In other news, the sky is still blue.
Type 1 diabetes is still a pretty big market even if you had a one shot cure. There are hundreds of thousands of type 1 diabetics. If they pay a thousand dollars each (a steal at that price), that's hundreds of millions of dollars. For comparison, there are a few thousand people with CML, but that didn't stop Gleevec from being developed for it (it's very expensive).