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Joined 2 years ago
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Cake day: June 24th, 2023

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  • For the US, a study was conducted on this showing the industry provides a lot more funding than government: https://pmc.ncbi.nlm.nih.gov/articles/PMC10349341/

    In this cross-sectional study, phased clinical trials of 387 drugs approved between 2010 and 2019 were associated with $8.1 billion of National Institutes of Health (NIH) funding, primarily for clinical research. This amount represents 3.3% of total NIH funding for basic or applied research related to these products and 9.8% to 10.7% of estimated industry costs, including less than 26% of phase 1 or 2 trials and less than 5% of phase 3 trials.

    The findings suggest that NIH spending on clinical development focuses on early-stage trials, representing a small fraction of estimated industry spending.

    And if we look at the UK, NHS spent 453.56 Pounds on all research in 2024 (Annual Report: https://www.nihr.ac.uk/nihr-annual-report-202223), a tiny amount compared to the US, even without taking the huge inflation issues into account, meaning the US is driving that development.

    “Couldn’t exist” is fair to call out, though, I should have said “in their current form”. I mention taxes would have to increase to cover the costs, but I may not have been clear enough.




  • European and UK universal healthcare is able to exist in it’s current form and at it’s current cost because the US has private healthcare.

    Healthcare Companies give heavy discounts to UK/EU to make extra money, they are fully funded by US payors and thus patients. If US healthcare went public and it ate into profits, and other countries run low on healthcare funds (the NHS, right now), private insurance or more likely, increased taxes, in those countries may be required. The NHS is already considering pay-to-play models.

    Note: This is a simplification of lots of details around the international transactions and legislation.

    Note 2: Before disagreeing, pick a pharma company and look at their annual report.

    Note 3: Clarified form and cost based on an astute commenter below.