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Sure. And those countries should pool their research budgets and direct them to the institutions and companies which invent the vaccine technology. Of course,
by mjburgess 6y ago
Sure. And those countries should pool their research budgets and direct them to the institutions and companies which invent the vaccine technology.
Of course, that isn't being proposed.
What's being proposed is that the companies spending billions on research donate its results without compensation.
That would be a catastrophe for R&D, as in the next major health crisis, no companies would do any R&D fearing bankruptcy if they did.
Money exists for a reason, and things cost money for a reason.
- HarryHirsch 6y agoR & D in pharma has been drastically curtailed, partly because of poor returns. Publically funded pharma research wouldn't be the worst idea, also because of the research focus. Right now the money ends up in sectors that are profitable (cancer), not in sectors beneficial to public health (antibiotics, neglected tropical diseases).
- learnstats2 6y agoIf we follow your logic: Why is the state currently donating its results to companies profiting billions? https://other98.com/taxpayers-fund-pharma-research-development/ https://other98.com/taxpayers-fund-pharma-research-developme...