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Joined 1 year ago
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Cake day: June 18th, 2023

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  • The truth is, the biggest pharmaceutical companies aren’t really drug development companies at all: they’re marketing, lobbying, and litigation firms with patent portfolios. While Big Pharma holds vast portfolios of existing patents for prescription drugs, the innovation pipeline for new drugs actually has very little to do with Big Pharma. In reality, public sources — especially the NIH — fund the basic research that makes scientific breakthroughs. Then small, boutique biotech and pharmaceutical firms take that publicly generated knowledge and do the final stages of research, like running clinical trials, that get the drugs to market. The share of small companies in the supply of new drugs is huge, and it’s still growing. Fully two-thirds of new drugs now come from these small companies, up from one-third twenty years ago. It is not the research labs of Pfizer that are developing new drugs.

    This is completely true. The majority of research, at least for life saving drugs and not baldness cures, takes place at universities and small research firms, much of it funded by the NIH. If the investigators are successful, they spin off a company or license the IP.

    Big drug companies then step in, long after the initial “drug discovery” is done. They have captured the regulatory system and, yes, can fund and run Phase 3 trials with their deep pockets and armies of bureaucrats, but at that point they are acting more like record labels, extracting rent (loosely defined) from a convoluted regulatory and distribution system that they themselves had a hand in creating.

    Fuck ‘em.



















  • It depends on what you want to do and whether you think you’ll stick with DIY or not, but I note you say you like to work with wood. In that case you may want to consider saving a bit and investing in a drill/driver combo and a compact circular saw.

    With those tools, a solid work surface, a framing square, some clamps, and maybe a jig or two once you get ambitious (don’t worry, you’ll figure it out), you’d be surprised how much you can build. Lots of us have made the mistake of climbing every rung of the tool ladder and regretting spending a lot of money that we could have avoided just by getting the right tools to start with.

    I know you said you are outside of the US, but here is one example from a good brand (at least here, my team Red colleagues will have their own opinions). As you go down in quality the prices get progressively cheaper.

    Again, I know it is hard advice when you are not sure how active you’ll be at the end of the day, but when it comes to high-use power tools, it is normally a good idea not to go cheap. But before anybody jumps on me – if you are only going to end up with the odd job here or there and you need to save money, this may be bad advice!

    EDIT: someone else mentions a jigsaw. That isn’t a bad idea at all depending on what you’ll be doing.