If you discovered a cure for a horrible illness, what would you do?

[nordlead]

highwaystar101 said:

nordlead said:
I would make all my research money back, then I'd make enough to live comfortably on it and my kids set for life So I guess since I only have 2 choices I have to pick A.

Honestly, there are more than 2 choices in this life, so I'd pick a better approach that would maximize profits, since charging 1k per cure may not lead to maximized profits. I could probably sell it for $100/cure and still make good money on it, and almost everyone could afford $100 to be cured.

 

Ah, the inspiration for this thread came from a true story I heard about this guy who invented a brain scanner and two companies wanted to buy it. One wanted to give them away for cheap operating on a non-profit basis and the other wanted to make millions off them. In the end he chose the one which made them for everyone. But I thought it would be interesting to see what people would say in a similar hypothetical situation.

Interesting. Honestly, if two companies aproached me, and neither of them wanted to do what I wanted I'd find a 3rd company. There are tons of medical supply companies, and I'm sure you could find one willing to make what you want and sell it at enough profit to keep them happy, and cheap enough to keep you happy.