How Big Pharma Was Captured by the One Percent

This is only true if you really stretch the definition of "originated". Discovering the structure of a receptor is not inventing a new drug. Optimizing a new assay is not inventing a new drug.

The paper this article references failed to note ">90% of this funding represents basic research related to the biological targets for drug action rather than the drugs themselves“. For a more accurate representation of where new drugs come from, I'd reference Derek Lowe's summary of the nature article.[1]

attempts to quantify how many drugs can be directly attributed to public-sector research, such as the 2011 study that estimated the 1990-2007 share at about 9%

[1]https://blogs.sciencemag.org/pipeline/archives/2019/05/28/wh...