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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