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Blog

The Point Of Confidence

1/17/2017

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I was taking a moment to reflect. Thinking back to the President Elect - Donald Trump's press conference. His comments with regards to pharmaceutical companies are as follows:
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Forbes

Whilst he was making these comments, simultaneously I heard the news with regards to the markets reactions. Stocks were struggling, and bio - tech was plunging. This is because publicly traded pharmaceutical companies don't want to invest, especially when they hear these types of comments. Even though there was a negative market reaction, I think that it was brave to mention this truth. 

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Fox Business

These thoughts and market reactions reminded me that research for medical remedies is much more readily funded because pharmaceutical companies trade upon the stock markets. It is much more easier to make a profit from medicinal drugs. Maybe it is also time for researchers to thick about what is publicly good for the health of human beings, not just on the short - term level, but also think about the effects of drugs upon the long - term.

Research is big business as well, and as student researchers we should also remember to question and think about the results that studies offer. With regards to studies always look at the % of errors which are normally located near the graphed or results tables. Make sure the margin of error is within acceptable means. This is normally 4 - 8 %, this will determine the reliability of the study, and really indicates if the resuls are of use for public good. It makes us feel confident that what we are reading is valid, and useable knowledge. Other points to consider are:

Number of participants
Who is represented in the study
Did the population studies reflect a diverse cross - section of the population?


Research is suggestive os strategies that can work well, methods of improvement etc. However it is also important to remember that research is just one method to bring about societal goods and reveal truths. We can all do our little bit of good in some fashion or form. We must also remember that research or science cannot prove everything, sometimes a patient testimony, or student feed back could be the best way to improve or learn anything. 

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"Good teaching is rooted in good theory,
Good practice is a mastery of practice." 


Dedication: The words of this being are dedicated to all beings. My thoughts to share with love and kindness! :)

Notes: These thoughts were originally hand - written on 15th January 2016

Source 1, Forbes - Trump's Comments Are Big Pharma's Nightmare
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Source 2, Fox Business  - Stocks Struggle for Direction, Biotechs Plunge After Trump Blasts Drug Prices

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