Hacker News Reader

> US taxpayers should be directly paying for these studies to prove and disprove medicines

I think you are right people should pay for it? I could pay for it, but who would run the study? Are they going to be efficient? Or is it going to be a waste of money? Could EU pick this up? They are trying to be a bastion of science.

View on HN

Is it going to be efficient taxpayers pay via increased Medicare and health insurance costs to market/lobby and pay for profits a private company needs to gamble that much on developing a medicine, that may not even be that effective?

https://www.cnn.com/2021/07/10/politics/aduhelm-alzheimers-d...

Drug companies have the second or third highest profits and profit margins after tech companies. Sounds like a lot of “efficiency” could be gained by taxpayers taking the risk of R&D themselves.

The EU is not close to being a global bastion of science by any measure relative to the US or China afaik. EU doesnt come close in terms of funding nor papers published nor any other measure that I could think of.

Correct me if I'm wrong, I might very well be.

Reply on news.ycombinator.com