What should be the federal government's role in funding research? - Page 7 - TigerDroppings.com

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MrCarton
UNO Fan
Paradise Valley, MT
Member since Dec 2009
2224 posts

re: What should be the federal government's role in funding research?


quote:

True, but let me give you an example: The Pharmaceutical industry, has one goal: Profits. What is the best way to turn a profit in this industry? Create a pill to TREAT a disorder. Preferably a lifetime pill like some of the statins.

The problem with that is, what incentive is there to ever cure diseases? Their goes their consumer base.

Thats why much research involved in trying to elucidate pathways, find gene targets, etc to actually CURE diseases is publicly funded.



Good example. While I think there are other issues that contribute to the deplorable condition to the pharma industry, Keeping a customer base is important for any industry.

I think your assumption is that pharma can only sell product to sick people. Performance enhancement and disease prevention are wide open for exploitation, and could easily maintain those lifetime customers that are so important to industry.

unfortunately corporatism and regulation are stumbling blocks to advancement.



This post was edited on 3/2 at 5:00 pm


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Interception
Providence Fan
Member since Nov 2008
11089 posts

re: What should be the federal government's role in funding research?


quote:

We wouldn't have made many, many of the discoveries we've made in the past without government funding. Its partly whats made America leaders in innovation.


Just cut off money for medical research and all university research for that matter. We should probably stop military research as well.

Lets examine some examples of government research:
Microchip
GPS
Internet
Fire Resistant Clothing (NASA)
Aerodynamic Trucks - More Fuel Efficient
Bar Codes
Nuclear Power

Something such as fusion could be the next breakthrough in energy independence. Just because the private sector hasn't been successful with fusion does that mean we should give up on it? Especially, when we are spending hundreds of billions of dollars on oil overseas.











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onmymedicalgrind
New Orleans Saints Fan
its goin' down in that SSB
Member since Dec 2012
4646 posts

re: What should be the federal government's role in funding research?


quote:

I think your assumption is that pharma can only sell product to sick people. Performance enhancement and disease prevention are wide open for exploitation, and could easily maintain those lifetime customers that are so important to industry.


True, but lets be honest. Who is more likely to take a pill, someone who is actively sick with symptoms, or someone who is perfectly fine who might get sick in the future. Adherence to drugs is already an issue in some patients who are actually sick because of certain side effects. If they felt fine, you can forget it.

Its not a coincidence they target sick people moreso than healthy ones.






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MrCarton
UNO Fan
Paradise Valley, MT
Member since Dec 2009
2224 posts

re: What should be the federal government's role in funding research?


quote:


Just cut off money for medical research and all university research for that matter. We should probably stop military research as well.


It isn't about limiting money to these industries, it is about subsidizing risk.






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onmymedicalgrind
New Orleans Saints Fan
its goin' down in that SSB
Member since Dec 2012
4646 posts

re: What should be the federal government's role in funding research?


quote:

Searching for something and finding something else is serendipity. Sorry that you don't understand this. I got in 5th grade science class.


So you would agree that they only start looking for "something" when they know that they can turn a quick profit?






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Powerman
LSU Fan
Corpus Christi, TX
Member since Jan 2004
120423 posts

re: What should be the federal government's role in funding research?


quote:


It isn't about limiting money to these industries, it is about subsidizing risk.


But with basic research you aren't necessarily thinking about risk

In the private sector risk is important

Publicly funded research...not so much






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MrCarton
UNO Fan
Paradise Valley, MT
Member since Dec 2009
2224 posts

re: What should be the federal government's role in funding research?


quote:

Who is more likely to take a pill, someone who is actively sick with symptoms, or someone who is perfectly fine who might get sick in the future. Adherence to drugs is already an issue in some patients who are actually sick because of certain side effects. If they felt fine, you can forget it.


GNC is still is business. Doing quite well where I live. Bodybuilding.com is doing good business, hell I use them all the time and I am in great health. Now imagine that they can sell more than protein and caffeine pills.

quote:

If they felt fine, you can forget it.


People take "drugs" (parenthesis to signify a broader definition of drugs) to feel better. Tobacco, chocolate, coffee, steroids etc.. It is a huge market and some of it is closed to the legitimate industry.

quote:

Its not a coincidence they target sick people moreso than healthy ones.


That is my primary contention, curing diseases opens up a lot of possibilities for marketing drugs to more than just sick patients.

I understand your points, and agree with you on the end-state. Our preferred method of achieving those is what is different.






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MrCarton
UNO Fan
Paradise Valley, MT
Member since Dec 2009
2224 posts

re: What should be the federal government's role in funding research?


quote:

But with basic research you aren't necessarily thinking about risk

In the private sector risk is important

Publicly funded research...not so much





interesting article on basic research and fed funding

The federal government is the primary source of funding for basic research
conducted in the United States, providing some 60 percent of funding.
The second largest source of basic research funding is the academic institutions
themselves.
¦ Universities conduct the majority of basic research in the United States —
55 percent in 2008. Business and industry conduct less than 20 percent of
basic research in the United States.
¦ Basic research is conducted for the sake of knowledge and is essential to
scientific discovery and understanding. Basic research is the first step in the
innovation process.
¦ Innovations that flow from university-based basic research are at the root of
countless companies. Companies spun out of research universities have a far
greater success rate than other companies, creating good jobs and spurring
economic activity.
¦ The US continues to lead in global research and development expenditures
from all sources. However, China and other nations are investing aggressively in R&D in order to enhance their innovation capabilities.
¦ It is essential to America’s global competitiveness and long-term economic
health that the United States invest significantly and consistently in basic
research year after year.

I am assuming this information is accurate. I don't take any of those points to prove why a private university might not be interested in basic research. Currently 10% is privately funded. (probably need to further fact check that)

The exciting part of it seems to be that fundamental research could be a Pandora's box. High risk, high reward.






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Powerman
LSU Fan
Corpus Christi, TX
Member since Jan 2004
120423 posts

re: What should be the federal government's role in funding research?


Supplements and pharmaceutical drugs are a different ballgame

Don't be silly






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MrCarton
UNO Fan
Paradise Valley, MT
Member since Dec 2009
2224 posts

re: What should be the federal government's role in funding research?


quote:

Supplements and pharmaceutical drugs are a different ballgame

Don't be silly



It isn't silly at all.

Difference between supplements and pharmaceutical drugs

Many supplements can have nearly identical effects to pharms. The FDA guidelines change routinely.






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MrCarton
UNO Fan
Paradise Valley, MT
Member since Dec 2009
2224 posts

re: What should be the federal government's role in funding research?


quote:

So you would agree that they only start looking for "something" when they know that they can turn a quick profit?


Some are, Some are in it for the long game. Some do a mixture of both to keep afloat.







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