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by Buttons840 26 days ago
> You spend billions

The you being taxpayers, right?

1 comments

No, only a small part of this is publicly funded.
Nearly all basic science research is publicly funded, then in the US transferred to the private sector for commercial exploitation
Phase 1/2/3 clinical trials (the kinds of studies that cost tens of millions of dollars) are overwhelmingly funded by private industry.
Which part is small? Productizing? R&D? Marketing?