On Mon, Dec 7, 2009 at 21:29, Robert West <robert.w...@just-micro.com>wrote:

> They will come up with new drugs, not to worry.  Even at 5 bucks a bottle
> they can make millions.  Besides, they choose to leech cash from us because
> we're the only fools to allow it.  Turn off the spigot and they will find a
> new revenue stream.  Guaranteed.  Besides, they were discovering drugs WAY
> before the HMO came along.
>
>
I'm still trying to find a source for this, but I'm reasonably certain that
a healthy majority of basic research is done by research universities,
mostly funded by government grants from institutions like NIH. Typically, a
for-profit company will license a discovery from a research institution, do
the regulatory work, product-ize it, and rake in the cash. Even in the
absence of a profit motive, this research will continue.

David Smith
MVN.net


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