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Capitalism prioritises investment based on profit, not based on good
(sh.itjust.works)
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this post was submitted on 15 Dec 2024
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This ignores the very nature of pharmaceutical research and development.
Pharmaceutical companies aren't really research institutes, because research and development is terribly expensive. The primary research of just about any major drug innovation is typically first pioneered by Universities who are publicly funded.
A Pharmaceutical company's version of research and development is taking the primary research done by universities and developing them into a drug that is patent protected.
There is a ton of rat fucking in pharmaceutical companies that lead people to this type of conspiratorial thought, but most of it is pertaining to patent law, not dictating what a bunch of grad students are doing their research over.