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Biotech / Medical : Micrologix biotech

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To: Carter Berezay who wrote (754)	3/29/2001 6:12:35 PM
From: Carter Berezay	of 792

<<It is estimated that in the US catheter-related bloodstream infections develop in more than 250,000 patients each year, resulting in 50,000 deaths. On average, patients with bloodstream infections spend an additional 6.5 days in intensive care at an extra cost of $29,000 per patient.>> I pulled this out of a previous MBI NR. There seems to be a debate over on the SH thread as to whether MBI226 is really a billion dollar drug. Would a hospital pay big bucks to prevent a patient from contracting blood poisoning? The answer is obviously "NO!" What is the price of saving a human life? Not much, I'm sure. If MBI226 is 100% effective in preventing a patient from contracting blood poisoning from a catheter insertion, who is going to pay for the drug? It is not the patient, nor is it the hospital. It is the insurance companies and the federal/state governments that pay for the patient's extra 6.5 days in the intensive care unit. The hospital gets paid $29,000 for the extra days, if the patient has the luck of staying alive. The fact is that it will be the insurance companies and governments who will have to pull MBI226 into the market and force the hospitals to buy and use MBI226. A few policy changes would make MBI226 a staple in every hospital in the United States and Canada and .... The answer is MBI226 will be a billion dollar drug! JMHO. Carter B.

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