4 ms·
That's partially true (big pharma r&d has failed to deliver returns) but it is not true that most of the research happened in academic labs. Most of the researc
by aaavl2821 8y ago
That's partially true (big pharma r&d has failed to deliver returns) but it is not true that most of the research happened in academic labs. Most of the research and early development happens in small companies. Most of the later stage development happens at big pharma companies
- Fomite 8y agoThere's also a melding of those two - there's a big push for university researchers to do commercialization and start startups. Those small companies bear a lot of the risk of early stage development, and then get bought out when they get something promising.