5 ms·

I was always told we pay high prices to support research, which has been proven to be BS time and time again. The drug companies spend way more on marketing. T

I was always told we pay high prices to support research, which has been proven to be BS time and time again. The drug companies spend way more on marketing. The capitalist market driven research only creates expensive drugs that treat wealthy people. India is coming up with a cheap paper based covid test, using governemnt backed research. Other countries are leaving us in the dust on results and research.

hinkley 6y ago
From my brief time in research, the team that developed the tech often gets royalties for the work that gets commercialized, which pays salaries for future projects. The University where the work was done taxes that revenue, in exchange for having provided facilities (old hand-me-down facilities may have their value considerably overstated), and so they are dis-incentivized to encourage any changes to the status quo, because there's money involved. You'd have to break that supply chain, and I don't know if there's any easy way to do that.