Quote:
Originally Posted by HarryT
You have to face the fact that, unless you propose to "nationalize" drugs companies, and let the taxpayer pay for R&D, then new drugs are not going to exist unless the manufacturer can make money from them. Developing a new drug takes many years, and 95% of them don't reach the market. Unless the manufacturer can recoup the cost of those 19 failed drugs through sales of the one successful one, then that enormously expensive R&D isn't going to happen!
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My understanding is that alot of R&D for the more "popular" maladies are covered by grants.... also, alot of universities do research and such... then the drug companies come in an buy manufacture and distrubtion rights. I am talking about stuff like cancer, HIV, diabetes, etc.
BOb