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by rusty-rust 1958 days ago
> (Wealthy nations) who said that a ban would stifle innovation at pharmaceutical companies by robbing them of the incentive to make huge investments in research and development.

I can’t believe that pharmaceutical companies get away with this narrative. A large portion of drugs that end up being approved for use are funded and enabled by government funding. [1][2] The Covid vaccine wouldn’t exist if it wasn’t for government funding [3].

[1] https://www.cbc.ca/news/health/drugs-government-funded-scien...

[2] https://www.bmj.com/content/367/bmj.l5766

[3] https://www.scientificamerican.com/article/for-billion-dolla...