4 ms·
Overemphasis on commercialization is a common complaint of the current funding situation in medical research, so I don't think we're failing for lack of interes
by alsocasey 10y ago
Overemphasis on commercialization is a common complaint of the current funding situation in medical research, so I don't think we're failing for lack of interest in commercial exits. In fact, many scientist are serial entrepreneurs.
Moreover, many discoveries that went on to make a lot of people a lot of money had no obvious commercial application when they were first being researched... Predicting future markets is hard.
- jaggederest 10y agoNo I don't mean "made money", that would just be standard venture capital. I mean "achieves their targets by reducing the total burden of disease on humanity", which is a different radical exit.
- throwaway729 10y agoI'm afraid I don't quite understand what you mean by "achieves their targets by reducing the total burden of disease on humanity". Or maybe I just don't understand the difference between this as merely "achieves their targets by selling useful treatments to people"? Could to elaborate?
- jaggederest 10y agoA malaria vaccine would make no commercial sense but would be a huge reduction in the total burden of disease. That's what I mean.
- deleted 10y ago[deleted]