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Last time I checked the Swizz, Germans and Brits were major players in drug and medical R and D. Most of the important deep tech happens in university done by
by wrong_variable 7y ago
Last time I checked the Swizz, Germans and Brits were major players in drug and medical R and D.
Most of the important deep tech happens in university done by post grads, not by for-profit companies.
Drug development in the US is expensive due to the dysfunctionality that exists within the FDA.
- newfangle 7y agoYes and those Swizz Germans and Brits are making the majority of their money from the US
- chimeracoder 7y ago> Last time I checked the Swizz, Germans and Brits were major players in drug and medical R and D. Where do you think those European drug companies get the bulk of their revenues from to do that R&D in the first place? They make their money off the U.S market! > Drug development in the US is expensive due to the dysfunctionality that exists within the FDA. No, drug development is expensive because it's expensive. The EMA & co. are not substantially different in their requirements and expense than the FDA is. Regardless, even still, half of the R&D conducted in the entire world is funded directly by the US.