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by jdietrich
2885 days ago
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A large proportion of pharmaceutical development is funded (directly or indirectly) by public funds. There's a very strong argument that single-payer healthcare systems should issue a blanket moratorium on buying new patented medicines and direct the funds to research. Major pharmaceutical companies spend significantly more on marketing than on R&D, so it'd be a net win for the taxpayer if they just paid for drug development directly. |
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If pharma geniuses couldn't make a fortune in pharma, would they work for the government on the Federal wage scale, or would they go to coding bootcamp (which they could easily thrive at, based on the biochem->coding converts I know) and go work for Facebook?