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I don’t see any argument refuting my point that governments could not replace big pharma. I agree with you that big pharma are like any other large corporation
by Gatsky 8y ago
I don’t see any argument refuting my point that governments could not replace big pharma. I agree with you that big pharma are like any other large corporation at the end of the day, it’s all about the bottom line.
It is however an indisputable fact that big pharma have delivered novel drugs which do make a large difference to many patients’ lives. The scale of their research operations dwarfs all other biomedical research by orders of magnitude. It is highly speculative that a public institution could do research at this scale. If you have ever worked in an academic department this would be immediately obvious.
- redial 8y ago> I don’t see any argument refuting my point that governments could not replace big pharma. I'm not trying to. I'm refuting the argument that they "develop drugs based on merit alone" and thus somehow because of that don't need competition.