Biotech Values

[OakesCS]

ot research funding

it would not surprise me if there were statistics to the contrary because these are gov't numbers and its interest is to be the low number but if you piece the numbers from these together they appear to validate my statement regarding the pharmaceutical industry and also make it clear that industry, overall, spends more on R&D than the US gov't.

http://www.cbo.gov/ftpdocs/76xx/doc7615/10-02-DrugR-D.pdf
http://en.wikipedia.org/wiki/Research_and_development
http://www.cbo.gov/doc.cfm?index=8221&type=0&sequence=2

of course, the Development part of R&D frequently eats up a huge part of R&D budgets and Development generally has very little to do with science.