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October 12, 2004
Argument Against Nationalized Research
Derek Lowe writes an interesting an provocative article on why private research speeds the drug development process:
So we race each other in the clinic, all the way through, trying to figure out what everyone else is up to, and then we fight it out in the market. And it's a mess! It's inefficient and it's wasteful! But the hellacious part is, it's the best way that anyone's found to do it. We chase the reward of a successful drug, and we fear failure - losing out to another company, or worse, losing out to hordes of swarming lawyers. What else would make us jump as high, what else would make us run as fast?
As they say..."Read the whole thing."
Posted by Dave at October 12, 2004 11:45 PM
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