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Politics : View from the Center and Left

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To: Cogito who wrote (116337)	7/23/2009 1:20:56 PM
From: Steve Lokness	Read Replies (1) of 541977

Allen; Researchers would be rewarded for coming up with any effective drug, but would be rewarded proportionally more if that drug was also inexpensive to produce. No I understand what you are saying - I just disagree. You say that researchers would be rewarded and I suppose that might work, but how do you fund the huge cost of infrastructure needed to go along with the scientist? As it is today biotechs have huge amounts of money coming in fron venture capitalist, and then investors and then pharmas. What is the incentive for pharmas to place their bets? Or venture capitalist? Or investors? They just won't and so that means all of this money has to come from the government. It can cost 100's of millions to get a single drug approved and most of the efforts end up at a dead end. Do you really want government to be placing those bets? That would be pure socialism and I don't think a country in the world practices it anymore - because it was tried and didn't work. steve

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