Re:80k dollars almost certainly cures hepatitis C
by viggity on Thursday April 24, 2014 @11:32AM
(#7640898)
No gang of government bureaucrats will produce the same results at a lower cost than lots of people with the profit motive. The US Government spent $3,000,000,000 trying to map the human genome. Celera spent one tenth that much to do the same thing, at a faster pace.
Re:80k dollars almost certainly cures hepatitis C
by gamblor956 on Thursday April 24, 2014 @12:11PM
(#7641160)
Celera was able to take advantage of the research the Government performed while attempting to map the human genome.
No gang of government bureaucrats will produce the same results at a lower cost than lots of people with the profit motive
Patently untrue. By definition, a profit motive means that the costs aren't the lowest possible, because they include a markup for profits (or contrapositively, they cut corners to reduce expenses).
This is why I'd like all medical research to be public.