Hello!
Brief Overview/Summary:
- This lesson really caused me to become excited for the future! Especially the video that Prof showed us, the possibilities are endless! I felt that this lesson was very applicable to Singapore's ageing population, the demand for doctors will be an increasing function, and we can make consultations more efficient by engaging in tele-consultations!
- BioBusiness constitutes up to 25% of the global GDP and employs around 40% of the world's labor force, these numbers will continue to rise and is probably underestimated currently.
Interesting Observations and Ideas:
- One interesting observation that i observed would be the dramatic change in Global leading causes of death and disability. Back in 1990, top cause would be lower respiratory infections and subsequently, diarrhea diseases. Fast forward into the future 2020, top cause would be Ischaemic heart disease [ reduced blood supply to the heart ] and subsequently Major depressions. These changes are due to humans becoming wealthier, our diet and lifestyle has changed for the worst, obesity which was once considered a rich country problem has invaded middle/lower income country. I think this could be due to the proliferation of 'fast food' which is readily available,cheap and most often packed with obese amounts of calories. Obesity could be considered as a pandemic, the spread of a disease that is not localized and contained. What are the implications to us, humans? Going along lines of evolution, have we evolved, or are we actually moving backwards? I think there is a maxim called 'use it or lose it', if we allow ourselves to plunge into this abyss of fatness and sedentary lifestyles, will we eventually lose our ability to run? To procreate? In particular, obesity rate has risen from 6.9% in 2004 to 10.8% in 2013 ( data collected from Raffles Medical Group ), that is a shocking 56% increment! This disease could eventually paralyze our entire nation and reduce the productivity of Singaporeans! The shocking thought of being the first generation that might live shorter than our parents really rang a bell to me in class.
- Another observation that Prof came up with would be that, in the past, you could create a generic drug and cure fever / flu. However, nowadays, you have to create specific drugs to treat specific people. While we think that we are evolving beyond common illnesses, these viruses are actually evolving alongside and doing a quick search on the 1918 flu influenza really spooked me! The flu came in two waves, the second wave was deadlier than the first. Soldiers with a mild strain stayed where they were, while the severely ill were sent on crowded trains to crowded field hospitals, spreading the deadlier virus. Could a supervirus be in the midst of evolution and will a worldwide pandemic occur again? Furthermore, with the advent of transport technology, the spread of these viruses will occur at an even faster rate. Looking at the recent H1N1 and SARS outbreaks, I can say that Singapore is properly equipped to deal with such disasters, but we should never let our guard down and keep vigilance at all times.
Key takeaways:
- Back in 2001, United States being only 5% of global population used over 52% of healthcare resources in the world. Demand for healthcare resources will continue to soar with the emerging middle class from BRICs. Instead of cures, they might demand wellness instead, focusing on the positive of an individual and try to make him/her resistant to diseases at first. Case in point would be the supplement industry which has been experiencing a constant growth over the last 5 years. Producing about $32 billion in revenue for just nutritional supplements alone in 2012, it is projected to double that by topping $60 billion in 2021 according to the Nutritional Business Journal (information taken from www.forbes.com ).
- I feel that, in an ideal world, humans will work towards creating a better environment for everyone to live in, there will be no vested economic interest, just intrinsic interests for the betterment of humanity. But who am i kidding! We are living in a fragmented world, one which drives economic interests above that of social. Patents and Intellectual Property Rights prevent others from benefiting at a low cost and developing of your products. Others may argue that without such rights in place to protect economic interests, there might be no incentive to conduct research and developments. Oh well, this utopian place that i hope my children will be able to grow up in may never come true.
Issues for further discussion:
- My classmates presented the idea of Gene mapping, i found this particularly interesting and maybe the Prof could facilitate a discussion on this topic, mainly where could we be going with this technology, the social/ethical/legal implication of this technology.
Ratings for the lesson:
- Personally, i felt this lesson to be a little dry, while it was very informative with market data, i felt there could have been more real-life scenarios/examples, similar to the video that Prof showed us. Hence, i would give this lesson a 7/10!