8 ms·
That’s why the government provides drug research grants and 20-year drug monopolies (aka patents)
by elil17 7y ago
That’s why the government provides drug research grants and 20-year drug monopolies (aka patents)
- WalterBright 7y agoNowhere near enough to compensate for the costs and delays of the regulations, unless it is a blockbuster drug. Government research grants are doled out by a bureaucratic committee unwilling to take risks - so the grants are for safe, incremental, conservative, political gains. (After all, the committee has to answer to whoever their oversight bureaucrats are.) This is not where game-changing innovation comes from.