Your government is researching medicines. Your doctor is owned by the pharmecutal companies. Why not your tax dollars get in the business too. Do we have any say as to where our money is spent in government? The Obama administration has become so concerned about the slowing pace of new drugs coming out of the pharmaceutical industry that officials have decided to start a BILLION-DOLLAR government drug development center to help create medicines. Come on Obama ! What kind of game are you playing! This is not the old board game called Life! This is our lives. First you played banker (gave billions to AIG no questions asked as to how they would spend it, yeah right into top officials bonuses). Then you played car dealership owner, (you gave billions to GM) Now you are playing Doctor?
The new effort comes as many large drug makers, unable to develop enough safe proven new drugs, are not spending on new research. Obama has a endlessly funded checkbook, let the taxpayer spend we’re already bankrupt but nobody shuts us down. Promising discoveries in illnesses like depression and Parkinson’s that once would have led to clinical trials are instead going unexplored because companies have neither the will nor the resources to undertake the effort. Yes, all the stock in drug companies have tanked.
The initial financing of the government’s new drug center is relatively small compared with the $45 billion that the drug industry estimates it invested in research in 2009. The cost of bringing a single drug to market can exceed $1 billion, according to some estimates, and drug companies have typically spent twice as much on marketing as on research. As usual, Obama has good intentions but has no idea what he is stepping in. The costs of this endeavor can crush America.
Traditionally, The National Institutes of Health focused on basic research, such as the structure of proteins, leaving industry to create drugs. Our Surgeon General would tell us that smoking is dangerous for our health. We did not use tax dollars to create healthier cigarettes. The job of Obama’s new center will be called the National Center for Advancing Translational Sciences. The center will do as much research as it needs to do so that it can attract drug company investment. Yes, the taxpayer will pay to create the product and some private company will buy it and reek all the profit for themselves. Kids in the school yard used to make fun at the guy who gave all his pencils away, he really didn’t make new friends because of it .. Besides, Obama, those aren’t even your pencils.
Creating the center is a signature effort of Dr. Collins who once directed the agency’s Human Genome Project, he blatantly says, “None of this is intended to be competitive with the private sector. The hope would be that any project that reaches the point of commercial appeal would be moved out of the academic support line and into the private sector.” Whether the government can succeed where private industry has failed is uncertain, officials acknowledge, but they say doing nothing is not an option. Kathleen Sebelius, sent a letter to Congress on Jan.14 outlining the plan to open the center by October- an unusually rapid turnaround for only an idea first released with little fanfare in December.