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A comment on What principal investigators taught me about my failure to land tenure. Parent comment

Re:What principal investigators taught me about my failure t... by aaavl2821 on Saturday February 16, 2019 @12:45AM (#19177278)
That's partially true (big pharma r&d has failed to deliver returns) but it is not true that most of the research happened in academic labs. Most of the research and early development happens in small companies. Most of the later stage development happens at big pharma companies
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Re:What principal investigators taught me about my failure t... by Fomite on Saturday February 16, 2019 @01:06AM (#19177337)
There's also a melding of those two - there's a big push for university researchers to do commercialization and start startups. Those small companies bear a lot of the risk of early stage development, and then get bought out when they get something promising.
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