hedge funds and pharma do not mix (IMO)

mycupoftea
Fri, 01 Jan 2016 06:10:48 +0000

We’ll, I would hardly call da Vinci Robot a minimal improvement over a high-end laparoscope, so that’s probably not what he meant.

That said, public grants spent on developing new revolutionary technologies is never a waste of money – these technologies lay the foundation for a new generation of equipment and instruments that quickly become ubiquitous and affordable to the public. Look, for example, at the prices of solar panels since 1997: first only available to the top 2-3%, but today most consumers can afford them.