Re:Cost of developing new drugs may be far lower than indust...
by xyzzy123 on Saturday April 27, 2024 @01:41AM
(#40177573)
Right, from a private capital perspective, it's a misallocation of resources.
If a company can make X% return on capital (researchers, equipment, marketing, regulatory engagement, office space etc) working on communicable diseases, but Y% >> X% doing something else, a responsible steward of somebody else's pile of money is supposed to direct the capital towards Y.
If a company can make X% return on capital (researchers, equipment, marketing, regulatory engagement, office space etc) working on communicable diseases, but Y% >> X% doing something else, a responsible steward of somebody else's pile of money is supposed to direct the capital towards Y.