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<p>[QUOTE="daviduc, post: 6001397, member: 32054"]I believe that is a fair characterization, however, the proposal would allow for continuous investment of a cryptographic token, very much like a commodity but without all the constraints and requirements for issuance on traditional fiat-based exchanges such as CME. Continuous since investment can occur at any point in the lifecycle of drug development. Also, it differs in that derivatives are not required to be a time expiring contract and a token can, at first, represent a set amount of a drug, enforced by FDA (i.e. I know, easier to say than do) to be good at market release. Argument for FDA is really an argument for government controls on healthcare costs. I believe, enforcement would have costs but much less than any other government price controls that I'm sure pharmas would not like. The intent is to dissuade this pump and dump M&A activity on drug companies by Wall Street[/QUOTE]</p><p><br /></p>
[QUOTE="daviduc, post: 6001397, member: 32054"]I believe that is a fair characterization, however, the proposal would allow for continuous investment of a cryptographic token, very much like a commodity but without all the constraints and requirements for issuance on traditional fiat-based exchanges such as CME. Continuous since investment can occur at any point in the lifecycle of drug development. Also, it differs in that derivatives are not required to be a time expiring contract and a token can, at first, represent a set amount of a drug, enforced by FDA (i.e. I know, easier to say than do) to be good at market release. Argument for FDA is really an argument for government controls on healthcare costs. I believe, enforcement would have costs but much less than any other government price controls that I'm sure pharmas would not like. The intent is to dissuade this pump and dump M&A activity on drug companies by Wall Street[/QUOTE]
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Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
General Discussion
>
The Politics of Healthcare
>
We can Use Blockchain Technology to Mitigate the Healthcare Cost Crisis!
>
Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
General Discussion
>
The Politics of Healthcare
>
We can Use Blockchain Technology to Mitigate the Healthcare Cost Crisis!
>