this post was submitted on 31 Mar 2024
601 points (97.3% liked)

News

23683 readers
3957 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] Maggoty 21 points 9 months ago (2 children)

Most pharma R&D is actually done by the government. Unless they can prove it's an outlier there....

[–] TempermentalAnomaly 4 points 9 months ago* (last edited 9 months ago) (1 children)

The government funds the first phase of the search. This is very important. But beyond that, the bill is footed by private sector.

A quote from this study:

The federal government is the primary funder of basic research in biomedical sciences through the National Institutes of Health (NIH). This research is essential for informing all medical progress, including the development of therapies. Overall, 54% of basic science milestones are achieved by the public sector and 27% by the private sector. From that point onward, taking the necessary risks associated with the drug development process required to advance basic science research into safe and effective treatments for patients corresponds primarily to the biopharmaceutical industry. Performing Phase I through IV clinical trials consumes more than 90% of total research and development (R&D) cost.

A number of recent studies indicate that a majority of this R&D is funded by investments made by the private sector.1 In a 2019 report, Research America indicated that, in 2016, the private sector funded 67% of total U.S. medical and health R&D while the federal government supported 22%.

[–] Maggoty 6 points 9 months ago* (last edited 9 months ago) (1 children)

The NIH is not immune to poison pill studies financed by the industry. Research America is the for-profit health industry with a mask on. It was also physically conducted by at least one member of a political think tank that lobbies for government payouts to corporations, (PPI). Then there's this gem at the end-

This research was supported by funding from the Pharmaceutical Research and Manufacturers of America (PhRMA), Amgen Inc., The Biotechnology Innovation Organization (BIO), GlaxoSmithKline, Novartis International AG, Sanofi S.A., and Pfizer Inc.

Maybe, instead of leaning on opinion pieces written by the industry you should look at actual research done by PHDs.

Like this direct comparison done for 2010-2019 finding industry breaks even with the government at it's most forgiving calculation. And at worst the government is shouldering 90 percent of the costs.

[–] TempermentalAnomaly 2 points 9 months ago

Fair enough. I should have definitely looked at the funding for the study. Thanks for providing a better study.

[–] [email protected] 0 points 9 months ago (1 children)

No idea on the statistics but this does happen. I think the onus is on the government to negotiate for the IP though. Big pharma is going to try to get the best deal they can and most of the time that's accepting tax dollars and then selling the drug at a more conservative markup to taxpayers. If the government contract was restructured to get the actual IP then they could offer another contract for production and get competing offers.

[–] Maggoty 4 points 9 months ago (1 children)

Sure. But who is the government going to negotiate for? The people putting money in their campaigns? Or the people who they've already trapped into voting for them?

[–] [email protected] 2 points 9 months ago (1 children)

Can't argue with you here. I think this is perhaps the biggest issue we face in the United States. Our government is for sale.

[–] Maggoty 1 points 9 months ago

I think so too. We can't get any meaningful reform until we figure it out.