Citario/El dijo que...: Big banks, big pharma, big problems John Martin

"Increasing spending on R&D cannot be continued indefinitely with such meagre progress. If a collapse of the pharmaceutical industry does occur it might not be for decades, but one of the biggest lessons of the banking collapse is that no one can predict economic forces with much certainty. The fall of big pharma could be imminent.

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So on one hand we have an unproductive big pharma which is cash rich, and on the other a cash-poor university system that has produced fistfuls of Nobel prizewinners. The way forward is obvious: inject the money into university research. Experience tells us this can have major benefits. One of the most successful initiatives in the last decade has been the spin-out of small biotech firms." (Ver...)




12 October 2009 by John Martin, professor of cardiovascular medicine at University College London and founder of Ark Therapeutics