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Capitalizing a Cure

How Finance Controls the Price and Value of Medicines
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( 15 ratings, 4 reviews)
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
Capitalizing a Cure by Victor Roy delves into the intricate journey of bringing life-saving drugs to market. It explores the nexus between innovation in biotechnology and the economic forces that shape the pharmaceutical landscape, providing insights into why cures are often driven by financial rather than purely medical imperatives. Through this narrative, the book challenges readers to consider the balance between profit motives and public health needs.
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Format: Paperback / softback
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

Friendly Book Hero mascot You might enjoy this insightful read if you're interested in the intersection of healthcare, technology, and economics, exploring the dynamics of how medicines are developed and priced in the current market. The book delves into the intricacies of pharmaceutical research and innovation, offering a critical look at the ways these factors influence healthcare accessibility and ethics.

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Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

A free open access ebook is available upon publication. Learn more at www.luminosoa.org.

Capitalizing a Cure takes readers into the struggle over accessing a medical breakthrough to investigate the power of finance over business, biomedicine, and public health. When sofosbuvir-based medicines launched in 2013, they promised a cure for millions of patients worldwide with hepatitis C. But their sticker shockβ€”the drug was dubbed "the $1,000-a-day pill"β€”intensified a global debate over the pricing of new medicines. Weaving extensive historical research with insights from political economy and science and technology studies, Victor Roy demystifies an oft-missed dynamic in this debate: the reach of financialised capitalism into how medicines are made, priced, and valued.

Roy's account moves between public and private labs, Wall Street and corporate board rooms, public health meetings and health centres to trace the ways sofosbuvir-based medicines became financial assets dominated by strategies of speculation and extraction at the expense of access and care. Provocative and sobering, this book illuminates the harmful impact of allowing financial markets to supersede democracy and human health and points to the necessary work of building more equitable futures.

Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?

Capitalizing a Cure by Victor Roy analyses how the intersection of venture capital, major pharmaceutical companies, and financial interests is reshaping the biotech industry, often at the expense of access to healthcare for many. The book is praised for its detailed references and is considered a valuable resource for graduate studies in healthcare services, public health, and medical education.

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Book Details

INFORMATION

ISBN: 9780520388710

Publisher: University of California Press

Format: Paperback / softback

Date Published: 24 January 2023

Country: United States

Imprint: University of California Press

Illustration: 8 illustrations

Audience: Professional and scholarly

DIMENSIONS

Spine width: 15.0mm

Width: 152.0mm

Height: 229.0mm

Weight: 363g

Pages: 245

About the Author

Victor Roy, MD, PhD, is a family physician, sociologist, and a fellow in the National Clinician Scholars Program at Yale University.

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