Research into new medicines and treatments is essential. Should this research be paid for by private companies or by the government?

Opinions are divided on whether the fact that cost of

research

into new medicines and

treatments

should be paid by

the

Correct article usage

apply

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private

companies

or by the

goverment

Correct your spelling

government

. From my standpoint,

this

expense should be paid by the

goverment

Correct your spelling

government

. Medical

research

is sponsored by private

companies

, patients would have to suffer from the increased price of medicines and

treatments

. In fact,

such

research

requires the funders to cover various expenses,

such

as buying equipment or hiring staff.

However

, most

companies

often see money as one of their primary objectives, so they would have to make sure their revenues are high enough to prevent losses and stay profitable. Some profit-oriented

companies

may even make researchers set a higher price for their

research

outcomes to maximize their earnings.

Consequently

, medicine products

as well as

medical

treatments

would be more expensive for patients to afford, and those who are impoverished would be more likely to succumb to their disease.

However

, others

fell

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feel

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that there are several reasons why it can be argued that government should spend money on tackling the causes of diseases.

In addition

, Cost-effectiveness is the key element when placing more importance on these initiatives.

Moreover

, by allowing people to have access to these health monitoring strategies, governments can avoid the

hefty priced

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hefty-priced

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hospitalised

treatments

or other extravagantly expensive medicines. In

this

way, not only the financial pressure on

health care

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healthcare

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departments can be reduced, but

also

the painful suffering caused by these contagious sicknesses.

Inconclution

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In conclusion

, to bring the best thing to people, the cost of the

research

should be paid by the

goverment

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government

,

who

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which

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curb and choose the best price for

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the resident

a resident

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resident

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residents

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.