Heard on the radio: NIH pays for most medication R&D.

I really hope that DOGE can bring a lot of this shite to light. Interesting timeline though since that is right around the time after Obamacare was passed.

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Found this article. There are others as well. I guess I always assumed pharmacuticals were doing majority of paying for their R&D, and that is why drugs cost so much.

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I've been investing in clinical-stage drug companies for well over a decade and I can tell you for sure that companies pay for almost all R&D costs.

A big reason drugs are so expensive in the US is because socialized healthcare systems aggressively cap drug prices so all of us here in America are subsidizing the drug costs for the rest of the world by paying for hundreds of millions to billions of dollars worth of R&D expenses for each drug.

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NIH. R&D.

You Russian? 13?

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You only get so much space for your title. If you don't know what those stand for, just ask.

This is actually a really good point I’ve never heard before if actually true. Makes sense.

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This is actually a really good point I’ve never heard before if actually true. Makes sense.

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It's crazy. I'm currently invested in a company with an approved cancer treatment that is reimbursed $182,500 for each cycle of the treatment in the US and only $20,000 in Germany, with the UK being about the same.

It's why drug companies from all over the world make the US market via an FDA approval their number one target, because they can make money here and recoup development costs if the drug is approved. Otherwise many drugs wouldn't be developed.

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is just another example of using capitalism explicitly against us.

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*crony capitalism

Couldn’t we make R&D for drug a business expense and any money spent on R&D is accounted as a loss to P&L so essentially, R&D becomes a tax haven where money spent there goes as a loss against future and current profits.

I saw somewhere that is how some international companies have to operate since their country’s tax rates are so high they have to spend every dollar they make back into the business as equipment, capital projects, or wages, so their effective tax rate on profits is zero because they made no money on paper.

Companies would still need to pay payroll taxes like social security, Medicare, their share of federal individual income taxes.