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@Alpha_Latitude@ericweinstein No.
The vast majority of the basic science and lab work done to create a viable drug candidate is done through publicly funded research.
@Alpha_Latitude@ericweinstein The drug companies take the basic research and then patent a specific molecule for use in specific medical conditions.
They are providing research funding, but it's mostly in the trial stages of drug development.
They spend more on marketing than research.
@Alpha_Latitude@ericweinstein Because the United States allows pharmaceutical companies to extort the public.
Europe has lots of pharmaceutical companies who also charge the US consumer more.
https://t.co/R52E9hB3Z2
@Alpha_Latitude@ericweinstein Virtually every Nobel prize has been from University or other government funded research programs.
Almost all new medications are from publicly funded research:
https://t.co/0wVJqjgGTr