[willcipriano]

I believe people at the FDA and NIH are allowed to have financial interests in the drugs they regulate[0]. I'd bet the SEC doesn't permit that. That would probably explain the difference.

[0]https://www.ncbi.nlm.nih.gov/pmc/articles/PMC545012/

[ethanbond]

I don’t believe that’s true of FDA and it actually should be true of NIH. NIH isn’t a regulatory body, it’s a research institution.

NIH researchers (and their funders, US taxpayers) should be getting paid more in royalties from commercialized research.