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Interesting thought regarding the r&d spending in the US versus the rest of the world and hence subsidizing global health care. I did look at some numbers in a
by elmalto 9y ago
Interesting thought regarding the r&d spending in the US versus the rest of the world and hence subsidizing global health care. I did look at some numbers in a more recent publication [1](page 21) where the latest r&d numbers for both healthcare and biotech are listed. Germany‘s spending seems to be on average a little less than 1/3 of the US which would make them equal on a per capita level. The UK seems to be a little below those levels. Do you have any data to support your claim?
[1] https://www.iriweb.org/sites/default/files/2016GlobalR%26DFundingForecast_2.pdf https://www.iriweb.org/sites/default/files/2016GlobalR%26DFu...
- robocat 9y agoThe UK could easily be more efficient/effective on how they spend their R&D dollars (like for healthcare). And R&D is very hard to compare due to different incentives to categorize R&D depending upon taxation laws and charity institutions.