Nowdays many medicine research projects are funded by private companies. In your opinion do you think that research should be carried by private companies ,individuals or governments.
Private
companies
financing the capital for medical research
projects
are becoming well-established at this
moment. This
essay will discuss whether private companies
or individuals or government
needs to support research
projects
.
The main reason why it is appropriate for private companies
to fund research
is because they have the financial capacity and resources. They treat the projects
as business investments, which in the long term will produce revenues in the future. Besides
, these can lessen the worries of the government
and focus more on other relevant issues that we face today. Take, for example
, Bill Gates who funded several research
projects
. Providing funds is never a hindrance for these billionaires simply because they have other businesses to continue and they know that funding those projects
is not guaranteed. However
, I believed that this
should be a joint project of the government
and private companies
.
On the other hand
, the government
does not have the full capacity to fund medical research
. If the government
argues to the public because to lose is to gain. The funds, lost from the projects
could have been for other sectors that needed more support. For example
, the agricultural sectors suffer from the changing climate and they can not produce better crops. The government
could have subsidized agriculture instead
of medical projects
.
In conclusion, although
the government
could support medical research
projects
they do not have the same luxury as private entities that can lose large sums of money. I believe that private companies
should fully fund the projects
without having to worry about when they can get back the capital.Submitted by angeline07 on
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