Megan McArdle:

I think it’s fair to say that [drug] industry researchers have a bit of a chip on their shoulder about academics.  But I also think it’s fair to say that the academics have done a lot to put (and keep) that chip there.  The op-ed or magazine piece claiming that the "real” pharmaceutical research is all done
in government and university labs, with pharma just swooping in at the end to smack a label on the thing and stack all their money in neat piles, is an evergreen.  The truth is that the human body is complicated, finding good drugs is hard, and the regulatory hurdles make it harder every year.

Posted by: Old Grouch in In Passing at 15:53:58 GMT | Comments (1) | Add Comment
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