Quote:
Originally Posted by j.p.s
How is pharma not tech?
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Testing, certification, marketting are all different in pharma than in the broader tech world.
FCC testing runs maybe 90 days from submission to approval and rarely raises political issues. FDA drug approvals are a years-long bureaucratic mess that chews up big chunks of the product's patent protections. And that is before politicians and pressure groups step in.
Plus it is actually possible for small companies to survive and thrive in the tech world at large but pharma no longer has room for any but the largest multinationals. A small team working in a garage is not an option in pharma. Even a team of university researchers at a big world class school is going to have to partner with an established (big) player just to hurdle the government gauntlet.
It is pretty much a world apart.