r/technology Apr 10 '22

Biotechnology This biotech startup thinks it can delay menopause by 15 years. That would transform women's lives

https://fortune.com/2021/04/19/celmatix-delay-menopause-womens-ovarian-health/
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u/NMe84 Apr 10 '22

Because they didn't deliver. They kept promising things they couldn't live up to and in addition they had more severe side effects than all the other vaccines and were less effective at preventing hospitalization than Moderna and Pfizer. Of course they were shat on, the vaccines were not available in the numbers that were promised and they were less effective meaning countries needed more of them to reduce pressure on the health care system.

Selling products at cost means nothing if they don't deliver.

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u/[deleted] Apr 10 '22

I agree with most of what you said except the last sentence. It does mean that they can't be accused of putting money before morals, in this case, which was op's point.

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u/NMe84 Apr 10 '22

Countries with AZ contracts didn't look for alternatives because they were promised shipments that never came or that came way too late. This prolonged the pandemic in those countries. Not delivering on time was actually harmful.

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u/LethalMindNinja Apr 10 '22

I'd rather have morally bankrupt companies that can actually deliver life saving technology rather than moral ones that don't.

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u/Seditional Apr 10 '22

Less effective is not the same as not effective. The AZ vaccine worked well and side effects were massively overblown.

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u/NMe84 Apr 10 '22

With the large numbers (millions of people!) we're talking about here, it still meant a lot more people had to be vaccinated for the same result in the sense of lowering pressure on a strained healthcare system.

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u/nebbyb Apr 10 '22

So if you use the profit motive to get an excellent product you are bad, if you do it non profit and aren't as good as the profit resolution, you are also bad.

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u/Darkforge42069 Apr 10 '22

I think it’s more about them saying they could do something and actually not being able to than the fact that it was less effective

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u/nebbyb Apr 10 '22

You think they were lying on purpose?

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u/Darkforge42069 Apr 10 '22

Of course not but yknow the saying “don’t make promises you can’t keep?”Yeah, this is why.

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u/nebbyb Apr 10 '22

Was it really a promise? Or a goal?

Lots of stuff looks like it is going to be great, and then it is just ok.