In 2017, industry researchers were authors or coauthors of more than 12,790 scientific journal articles on subjects ranging from the effect of changes in cerebrospinal fluid on Alzheimer’s to the effect of osteoporosis therapies for postmenopausal women, to reducing toxicity effects from new Car-T cancer cell therapies. Moreover, that same year biopharma companies provided over $2.5 billion in research funding to America’s universities—in all 50 states—accounting for more than 60 percent of industry funding of university research. As such, just as limiting the National Institute of Health (NIH) budget has a negative effect on the generation of knowledge to support drug innovation to improve and extend lives, so too does limiting drug prices.
A considerable share of biopharma research “spills over” and contributes to knowledge discovery and drug development overall, not just in individual firms’ labs.
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