It is, " he continued, "like military defense, physical infrastructure, education, public health, and basic research.... it is something society requires, and people want, but the market cannot generate in sufficient quantity or quality.

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Good research is one thing, but it takes a lot of profits from the few approved drugs that make it to market to pay for all the basic research and failed development candidates that lie beneath the surface and out of view of most people.

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It was a big step away from pure, basic research, sniffed some dons, but Friend argued it was the best way to drive his technology to market and fund improvements in the basic science along the way.

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