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Treating Aging as the Cure for the Pharmaceutical Industry's Financial Woes
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Treating Aging as the Cure for the Pharmaceutical Industry's Financial Woes
The pharmaceutical industry suffers from all of the issues that plaque heavily regulated industries that have been heavily regulated for a long time. Costs increase, restrictions increase, the ability to create new medicines declines. Everyone sees at least part of the problem, but no one person and no one group is in a position to change enough of the perverse incentives that operate during regulatory capture in order to meaningfully steer away…
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