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

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Different pharmaceutical and scientific
research
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companies are actively carrying out multiple types of
research
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,
besides
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the
government
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.
However
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, it is often believed that these studies or trials should be done by the
Government
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only. I staunchly disagree with
this
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view.
This
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essay will
first
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elucidate that limited budget of governments can be a hindrance in analysis, followed by an analysis on how latest R and D (
Research
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and
development
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) equipment owned by private companies can, at times, provide more accurate results.
Firstly
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, it is imperative to understand that governments spend limited resources on scientific
research
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and
development
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without keeping new issues like outbreaks into account due to backlogs.
However
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, giant pharmaceutical or
research
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companies yearly spend billions of dollars on NPD (New product
development
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) and
research
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and
development
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. The budget spent by Gilead Pharmaceuticals on the
research
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of an HIV vaccine is a prime example of
this
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. As per the New York Times, Gilead alone spent more money on its single clinical trial than the US
government
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has, on scientific
research
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in the
last
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decade.
Hence
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, unlimited resources spent by
such
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companies prove their role to be vital in
this
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field.
Secondly
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, these private companies own the latest equipment required for Phase II and III clinical trials.
Furthermore
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, 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
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of years because of compliance with a good manufacturing practice.
Therefore
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, even governments have nowadays started working in collaboration with
such
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esteemed companies.
For instance
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, during COVID-19 times, the US
government
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is working in collaboration with Pfizer inc. on its vaccine’s Phase III clinical trials.
Thus
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, the efforts of
such
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organizations in the field of
research
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are worth appreciating. To sum it up,
research
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companies with their limitless budget, updated machinery and qualified employees have proved to have a significant contribution to the world of scientific
research
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. I believe that the goal of these privately owned firms and
government
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, in regards to
research
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, is the same.
Therefore
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, they should be allowed to serve humanity like
this
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.
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    • Sentence 2 - Example
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