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Pharmaceutical parents seems like an odd choice. Aren't most of those inventions driven by government funding at universities?
by 8note 3y ago
Pharmaceutical parents seems like an odd choice. Aren't most of those inventions driven by government funding at universities?
- Exoristos 3y agoYes, but they probably wouldn't be without patents to ensure income for the government's partners.
- tick_tock_tick 3y agoNo massive amount come from the private sector. Almost all the money used to get a hypothetically effective drug through the approval and trial process is private.
- dmoy 3y agoRight, to be clear: If the initial research is funded by government grants or at Uni or whatever, the overwhelming majority of the cost is still in Phase 2 and 3 trials. This is why certain drugs don't get developed anymore - if it's a naturally occurring substance that can't be patented, nobody's gonna foot the gallion-dollar bill to go through trials.