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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (64334)4/3/2018 3:37:36 PM
From: TimF1 Recommendation

Recommended By
i-node

  Respond to of 364481
 
I have no idea about Israel and its R&D funding but it is really cranking out some good stuff right now.

To borrow a term that Obama overused when talking in a number of smaller countries (and some not so small, I think he used it in Poland) - They "punch above their weight".

OTOH in terms of population they are are in a pretty light weight class. Similar population to Austria, Honduras, Virginia, or New York City (city only not metro).

They may play a disproportionate part of medical R&D or total R&D, in terms of where it takes place or who does it, but would still play a smaller role than the UK, let alone the US. Even in terms of future growth I'd expect more of it from place like China and India than Israel. It takes an awful lot of "punching above your weight" for a country of 8+million to compare to countries approaching a billion and a half, and esp. to stay that we in the long run.

In terms of incentivizing the R&D by providing a source of profitable sales of the drugs and other treatments there population and market size simply isn't there.