2 ms·
And how much of the expenditure goes anywhere useful? And remember that they're incentivized to report 15% of their revenue being spent on R&D for tax reasons.
by monocasa 6y ago
And how much of the expenditure goes anywhere useful? And remember that they're incentivized to report 15% of their revenue being spent on R&D for tax reasons.
That $100B is just for drugs that later got FDA approval, not the NIH grant budget.
- TomVDB 6y agoIf you’re going to make that argument, you also have to consider the opposite possibility: I’ve worked on (non-medical) projects with public funding in the past. One can only hope that my experience wasn’t representative for the amount waste of public money in the medical world.
- deleted 6y ago[deleted]