Drugs don't emerge fully formed from academia, just waiting for pharma to patent them and jack up the price. Pharma spends more on r&d than academia
Drugs don't emerge fully formed from academia, just waiting for pharma to patent them and jack up the price. Pharma spends more on r&d than academia
I think the answer is probably a little bit more grey FYI.
Saying funding would continue without any benifits seems to be the least likely outcome. Personally, I would be fine stopping all public drug research, but I suspect more people would want to continue...
In the end when you change one part of the process you need to assume other parts of a related system will change in some manor.
Honestly, this is simply not going to happen in the US so it’s hard to say what’s realistic.
Any yes, you can outsource running a trial, but you still need someone to design it, process the data, put together an NDA and submit for approval.
I can only imagine the complete clusterfuck that would be if it was all done by public employees.
Large drug companies are not bringing magic recipes to the mix here. Often it’s the same researchers who found the drug who end up starting drug a company to profit from their research.
As to advertising to doctors their is plenty of evidence this is harmful. It’s easy to for doctors to keep up with relevant drugs as so few are added each year and many are extremely specialized. Advertising results in over prescription which is known to be extremely harmful with opioids being an obvious example.
Currently they cost ~19 million each which is frankly not that big of a deal. A larger issue is only ~15% of drugs make it through the process. With ~20 new drugs a year this only adds up to 2.5 billion per year which a frankly a drop in the bucket compared to drug costs.
The flip critique of the drug industry is to suggest they're basically taking miracle cures developed in toto in publicly-funded labs and taking pure profits.
If that were the case, shouldn't one of the dozens of well-capitalized research institutions just go to market?
The reality is the drug companies take on a tremendous burden turning high-level research into a product that works, including:
+ Formulating a product that will work at scale,
+ In widely diverse populations,
+ While eliminating potential side effects, + Adapting for human UX limitations,
+ Exhaustively guarding against adverse reactions,
+ At the same time, building production capacity,
+ Creates marketing materials for patients, but also to educate doctors who don't have scads of time to study new treatments,
+ Physically distributing the product
+ Monitoring the product fastidiously once it's on the market for negative reactions,
+ Sending humans to almost every doctor's office to answer any questions about the product,
+ While staffing a 24/7 customer service number to sort out any problems
It's not as easy as it's made out to be!