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Capitalizing a Cure - How Finance Controls the Price and Value of Medicines (Paperback)
Loot Price: R805
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Capitalizing a Cure - How Finance Controls the Price and Value of Medicines (Paperback)
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A free open access ebook is available upon publication. Learn more
at www.luminosoa.org. Capitalizing a Cure takes readers into the
struggle over a medical breakthrough to investigate the power of
finance over business, biomedicine, and public health. When
curative treatments for hepatitis C launched in 2013, sticker shock
over their prices intensified the global debate over access to new
medicines. Weaving 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 financialized
capitalism into how medicines are made, priced, and valued. Roy's
account moves between public and private labs, Wall Street and
corporate board rooms, and public health meetings and health
centers to trace the ways in which curative 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 determine who heals and who suffers and points
to the necessary work of building more equitable futures.
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