Scientific research should only be carried out by govt and not be private companies. to what extent do you agree or disagree?

Different pharmaceutical and scientific
research
companies are actively carrying out multiple types of
research
,
besides
the
government
.
However
, it is often believed that these studies or trials should be done by the
Government
only. I staunchly disagree with
this
view.
This
essay will
first
elucidate that limited budget of governments can be a hindrance in analysis, followed by an analysis on how latest R and D (
Research
and
development
) equipment owned by private companies can, at times, provide more accurate results.
Firstly
, it is imperative to understand that governments spend limited resources on scientific
research
and
development
without keeping new issues like outbreaks into account due to backlogs.
However
, giant pharmaceutical or
research
companies yearly spend billions of dollars on NPD (New product
development
) and
research
and
development
. The budget spent by Gilead Pharmaceuticals on the
research
of an HIV vaccine is a prime example of
this
. As per the New York Times, Gilead alone spent more money on its single clinical trial than the US
government
has, on scientific
research
in the
last
decade.
Hence
, unlimited resources spent by
such
companies prove their role to be vital in
this
field.
Secondly
, these private companies own the latest equipment required for Phase II and III clinical trials.
Furthermore
, their highly qualified and specialized staff with vast experience minimize the chances of error. The data compiled and provided to international bodies like
F
Add an article
the
show examples
DA (Food and Drug Authority) and EMC (European Medicine Agency) gets approved in months
instead
of years because of compliance with a good manufacturing practice.
Therefore
, even governments have nowadays started working in collaboration with
such
esteemed companies.
For instance
, during COVID-19 times, the US
government
is working in collaboration with Pfizer inc. on its vaccine’s Phase III clinical trials.
Thus
, the efforts of
such
organizations in the field of
research
are worth appreciating. To sum it up,
research
companies with their limitless budget, updated machinery and qualified employees have proved to have a significant contribution to the world of scientific
research
. I believe that the goal of these privately owned firms and
government
, in regards to
research
, is the same.
Therefore
, they should be allowed to serve humanity like
this
.
Submitted by waqas.aslam.stc on

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