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this post was submitted on 27 Aug 2025
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US Pharma does plenty of drug research, not nearly as much as advertising mind you. it's just not anything that's actually beneficial for the bulk of society.
Most of the drug research that actually produces new, useful treatments is done by universities and government research institutions, (or at least it was before the budget cuts). That research produced with state funding is then bought for pennies on the dollar by big pharma who does the last couple steps and reaps all of the financial rewards.
The NIH and CDC would be fully funded in perpetuity (along with many research institutions and universities) if they got paid even a fraction of the profits for their foundational research.