Author Topic: Government Day-to-Day  (Read 14181 times)

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Offline Squidward von Squidderson

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Re: Government Day-to-Day
« Reply #330 on: April 20, 2020, 03:37:53 am »
https://bigthink.com/dangerous-ideas/15-nationalize-drug-development

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"What's often turned out to be the case is that they report only part of their results,” says Baker.  A recent study of drug trials found that industry-funded trials reported positive outcomes 85 percent of the time, while government-funded trails had similar results only 50 percent of the time.

“The alternative I'm suggesting is you have the public pick up the full cost of research,” says Baker. “The federal government already spends about $30 billion a year on biomedical research through the National Institutes of Health,” he says, “so it's not unprecedented that the government spend on biomedical research.”