It seems to me that the market for nootropics is huge. Why are there only a handful of studies then that deal with nootropics? I can't think of anything that would benefit society as a whole more than increased intelligence and mood, so why aren't these being researched more?
Why isn't there more funding for nootropic research?
#1
Posted 22 October 2011 - 09:19 PM
It seems to me that the market for nootropics is huge. Why are there only a handful of studies then that deal with nootropics? I can't think of anything that would benefit society as a whole more than increased intelligence and mood, so why aren't these being researched more?
#2
Posted 24 October 2011 - 09:32 AM
#3
Posted 24 October 2011 - 06:45 PM
It costs money to research them, and the Pharmas want all the money. If a drug is released for general consumption, the Pharmas can loose out on the big insurance money. If there needs a prescription, the Pharmas can charge all they want. However, if they find a drug that only does cognitive enhancement in normal people, they can't sell it like that. They need a disorder to attach their drug to otherwise their research money is useless and will never pay for itself.
At the head of that hustle and bustle is the FDA, which requires clinical trials, costing millions of dollars. Who wants to fund old wonder drugs when they know the profits are going to be so undesirable or nonexistant? Once these wonder drugs hit the market, they won't have a patent out on it, so they'll lose out from competition, which will force their prices down far below a reasonable profit margin for their industry.
Thus, donations are the only way mental wonder drugs will hit the market hardcore. One of my missions in life is to start a company selling OTC's and herbal extracts to donate 20% to research. Just need a partner...
#4
Posted 24 October 2011 - 10:29 PM
1. I get that historically, governments don't want a well informed populace. But, what if the OWS movement actually starts accomplishing things (perhaps this isn't the thread for that discussion). But that could be a demand. More funding for nootropic research.obviously the government doesnt support cognitive enhancement, more study of history may help you understand why. The agencies keeps saying as much but just in clocked language. One must believe that the research has been completed however not released in to public domain, often the material is there for good substances however misconception stop holistic comphrehension. Anyway your asking questions which is great, few people do.
2. Why must we believe that the research has been completed? I thought the main cost for developing these drugs is the research. If they've already done it, then why not try to sell it and recoup costs?
1. I don't understand why OTC can't generate big profits. I saw a small bottle of CoQ10 at whole foods selling for like 60 bucks.If a drug is released for general consumption, the Pharmas can loose out on the big insurance money. If there needs a prescription, the Pharmas can charge all they want. However, if they find a drug that only does cognitive enhancement in normal people, they can't sell it like that. They need a disorder to attach their drug to otherwise their research money is useless and will never pay for itself.
1. Why can't they patent it if it's OTC? I understand that piracetam was invented during the 70s, so the patent has expired, but aren't there more recent compounds that don't have expired patents?Once these wonder drugs hit the market, they won't have a patent out on it, so they'll lose out from competition, which will force their prices down far below a reasonable profit margin for their industry.
1. I agree that spending one's life developing nootropics is a worthy pursuit. I think that all society reforms ultimately don't have a huge effect on their citizens' mental states and that drug research would.Thus, donations are the only way mental wonder drugs will hit the market hardcore. One of my missions in life is to start a company selling OTC's and herbal extracts to donate 20% to research. Just need a partner...
2. I don't agree that donations are the only way. What if OWS got some demands met and we could change the funding structure of the healthcare industry as a whole? Donations will never be able to generate the revenue that societal reform will.
2.
#5
Posted 25 October 2011 - 02:08 AM
If a drug is released for general consumption, the Pharmas can loose out on the big insurance money. If there needs a prescription, the Pharmas can charge all they want. However, if they find a drug that only does cognitive enhancement in normal people, they can't sell it like that. They need a disorder to attach their drug to otherwise their research money is useless and will never pay for itself.
Supply and demand. It's not so much that they can't make money. It's that with a prescription, they can charge the insurance companies a whole lot more. Insurance lowers the cost for the consumer, making more buyers.1. I don't understand why OTC can't generate big profits. I saw a small bottle of CoQ10 at whole foods selling for like 60 bucks.
Once these wonder drugs hit the market, they won't have a patent out on it, so they'll lose out from competition, which will force their prices down far below a reasonable profit margin for their industry.
1. Why can't they patent it if it's OTC? I understand that piracetam was invented during the 70s, so the patent has expired, but aren't there more recent compounds that don't have expired patents?
Sorry, I was only referring to older drugs, off-patent or about to expire in other countries. Tianeptine and Amineptine are both pretty old and have little profit potential due to this reason.
Thus, donations are the only way mental wonder drugs will hit the market hardcore. One of my missions in life is to start a company selling OTC's and herbal extracts to donate 20% to research. Just need a partner...
I just feel like donations will be phase one. Awareness is phase two. Reform is phase three. Trying to mix up the order is slowing productivity. Basically, if you focus all on awareness, it will be years before you'll see reform, and then you'll still have to fundraise or get investors.1. I agree that spending one's life developing nootropics is a worthy pursuit. I think that all society reforms ultimately don't have a huge effect on their citizens' mental states and that drug research would.
2. I don't agree that donations are the only way. What if OWS got some demands met and we could change the funding structure of the healthcare industry as a whole? Donations will never be able to generate the revenue that societal reform will.
#6
Posted 27 October 2011 - 01:05 AM
#7
Posted 27 October 2011 - 05:29 AM
Pharam isnt the problem, they have the products and the research already completed.(no im not going to substantiate that)
Money isnt usually the chief motivating force in this world, again read more eg Thorsten Veblem.
The research is cheap and most discoveries are made by accident while conducting more general research. Clinic development can be expensive, but many drugs have been brought to the market cheaply.
I vote you guys are wrong anyway, whatever thats worth
#8
Posted 27 October 2011 - 04:40 PM
Chance perhaps?Hmm I feel like you guys are living in a childs world, sorry. But you guys need to figure this out for your self, read more controversy
Pharam isnt the problem, they have the products and the research already completed.(no im not going to substantiate that)
Money isnt usually the chief motivating force in this world, again read more eg Thorsten Veblem.
The research is cheap and most discoveries are made by accident while conducting more general research. Clinic development can be expensive, but many drugs have been brought to the market cheaply.
I vote you guys are wrong anyway, whatever thats worth
#9
Posted 28 October 2011 - 08:31 AM
It seems to me that the market for nootropics is huge. Why are there only a handful of studies then that deal with nootropics? I can't think of anything that would benefit society as a whole more than increased intelligence and mood, so why aren't these being researched more?
Money. Piracetam, for example, is dirt cheap. No way to patent. I'm sure big pharma will push the FDA to ban most noots before I'm dead. Sorry to be such a "debbie downer" lol
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