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Except the US government is by far the largest R+D spender in the world. Its not like the drugs it fund become public domain. You don't seem to address that at
by samfisher83 7y ago
Except the US government is by far the largest R+D spender in the world. Its not like the drugs it fund become public domain. You don't seem to address that at all.
- plainOldText 7y agoA quick search on Google reveals that the U.S. biomedical industry spends about 3x more than the federal government [1], or about 67% of the total spending, so your claim turns out to be false. [1] https://www.researchamerica.org/sites/default/files/RA-2017_InvestmentReport.pdf https://www.researchamerica.org/sites/default/files/RA-2017_...
- samfisher83 7y agoNope the us government is single biggest spender. Your own link tells you that. You are including a bunch of companies together. Please stop spreading fake news. If you include prescription drugs us government spends 329bil. So I think us government is pretty vitial to medicine in this country.
- Whack-kneed 7y agoBig Pharm also gets to deduct it's r+d expenses in full. Name an other private industry with that kind of a crutch....