Say you found a home made cure for say AIDS or Cancer... yeah yeah i know your probably gonna answer all "well there ain't no cure" and blah blah blah
But just think that IF i mean IF somebody has like a homecure or made up medicine which actually does cure these diseases fully then would they be rich from them discovery or actually get not much credit from what they actually deserve from it?
They would get very rich.
yep
Y
E
S
You will be rich as bill gates
Many pentecostal and charismatic churches have healed AIDS and cancer patients by the power of Jesus Christ, but they do it free of charge and I don't think they have got rich monetarily.
However, they have laid up riches in heaven for the future eternity.
Yes, but not automatically. You'd have to patent your cure, then convince a pharmaceutical company to go through the process to get it approved for use on human patients and make an agreement on how much of the profits should go to you. They'll likely want to keep the lion's share if they believe your discovery has potential at all, so it'll be quite some work actually!
Well, they would have to have the money to invest millions into research and work hard to get grants for some of the research bill. There is a patent life of 20 years on medications, but the clock starts ticking when the clinical trials are going on. Clinical trials drag on for years before they can be approved the FDA and then sold for profit. The profitability for the original drug maker is about 9 - 12 years, depending on the length of the trials. Then, the patent expires and generic drug makers sell it for considerably less and make the money. There is a lot of research that goes nowhere and leads to no cures. So, someone would already have to be loaded to even be able to spend millions on research and trials. There are grants available for trials, too. There are limited grants available for research.
You must log in to post.