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"Easy"? Certainly in biology that would overturn the entire system for drug/treatment discovery. The government is good at funding basic research, and the pri
by greeneggs 11y ago
"Easy"? Certainly in biology that would overturn the entire system for drug/treatment discovery. The government is good at funding basic research, and the private sector is good at bringing products to market. There is no clean separation between the two activities.
- AnthonyMouse 11y agoThe government is good at funding research but it doesn't fund FDA trials and neither will anybody else if they aren't provided some incentive to. That's a pretty clean separation. The second is a completely separate problem from the research. If you have a promising drug that people have been using in other countries for a thousand years but has never been FDA approved, it never gets FDA approved because nobody can patent the prior art so nobody will pay for the drug trials even if no research is required whatsoever. Two possible solutions are to have the government fund the FDA trials or to give the party who does a temporary monopoly on the drug regardless of patentability. And if two parties offer to fund the trials in exchange for the monopoly, let them bid for the right.