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MY understanding (at least in the UK) was that hospitals and universities also do a lot of research (often cutting-edge), and are often the source of innovation
by bigbizisverywyz 5y ago
MY understanding (at least in the UK) was that hospitals and universities also do a lot of research (often cutting-edge), and are often the source of innovation. These entities are largely publicly funded.
- pclmulqdq 5y agoMost drugs appear first in publicly-funded research, but so does every other compound that can get past a p value of 0.05. The main value proposition of big pharma is that they take those results, find the ones that actually work (very few of them do), study them for side effects, and characterize them. There is a LOT of work between the published research and an actual drug (there is actually significantly more risk and cost to go from a paper to a drug than to write the initial paper).