Capitalizing a Cure
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Capitalizing a Cure
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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 shockβthe drug was dubbed "the $1,000-a-day pill"βintensified 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.
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
Collections
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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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.