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Re: Big Pharma, R&D & costs

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You guys are aware that the pharmacuetical industry is the most profitable sector of the US economy, right?

And that most of the expensive, innovative, risky medical research is done by the public sector (universities, etc) at public expense, and that "Big Pharma" picks up on the promising lines of research only after it looks potentially profitable?

And that these corporations (naturally) decide to develop products based on profitability, rather than medical need? This results in life-saving medicines that were shelved (on the grounds that the third world couldn't afford them) being revived as high-end anti-wrinkle cream ingredients. (if anyone remembers what the product was called, and what disease it treated, please chime in -- my googlng efforts are being swamped with cosmetic-company hits).

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