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Re:Big Pharma spends billions more on executives and stockho... by jimmar on Saturday February 17, 2024 @12:11AM (#39406602)
It wasn't a rhetorical question. I could imagine an entity like the Gates Foundation proving seed funding to bootstrap a non-profit pharmaceutical company. That company could fund R&D through sales of its newly developed medicines. No shareholders. No stock buybacks. But somehow this doesn't seem to happen, at least not on a scale that reduces medical costs for consumers.
Re:Big Pharma spends billions more on executives and stockho... by vasco on Saturday February 17, 2024 @04:06AM (#39407758)
Because those researchers could be shareholders of whichever biomedical startup they will create instead of a non-profit.
Re:Big Pharma spends billions more on executives and stockho... by chabes on Saturday February 17, 2024 @11:02AM (#39410641)
Because they make more money currently. Why would they choose to make less? Altruism??