2 ms·
Most of the work of drug discovery is not done by the pharma companies, it's done by publicly-funded research labs. What big pharma pays for is the elaborate (a
by chongli 3y ago
Most of the work of drug discovery is not done by the pharma companies, it's done by publicly-funded research labs. What big pharma pays for is the elaborate (and very large) clinical trials which are required by the FDA before a drug can be sold.
One simple change the US could make is to direct the FDA to fast-track approval for drugs that have been approved in other countries the US considers to have high enough standards of rigour, such as the EU or Canada.