3 ms·
Who funds development? You can’t sell a product that does not exist.
by junofan 4y ago
Who funds development? You can’t sell a product that does not exist.
- tsimionescu 4y agoYou're going in circles. We were discussing a vaccine that was discovered with most funding coming from charities (B&M Gates foundation) or the state (NIH), and some by Pfizer. But, Pfizer gets to keep 100% of the results of this research. Now, if by "development" you mean the cost of mass manufacturing and marketing the substance, then every company that wants to manufacture it can find their own, which will be payed for by, you know, sales.
- junofan 4y agoDevelopment means clinical testing, preparation and submission of applications for FDA approval, as well as design of production processes for new drugs. Here’s an accessible overview from the CBO: https://www.cbo.gov/publication/57126 https://www.cbo.gov/publication/57126
- tsimionescu 4y agoHow is this relevant to the topic at hand, of licensing the base molecule (not the finished drug) to multiple companies?