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

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Today, health-related issues are always topped by people, so investment in medical
research
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should be prioritized. In other to achieve high efficiency in
research
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, I believe that financial support from both the
government
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and private companies is required.
Firstly
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, it is evident that the
government
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invest in medical
research
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because
this
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is
responsibility
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the responsibility
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of the
government
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to the masses, those people must pay monthly taxes to the
government
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based on their income in other to enjoy social welfare
such
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as health services, pension allowances and scholarships.
Besides
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, the
government
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can use international relations to collaborate with advanced countries throughout the world to jointly
research
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and manufacture cures or treatments for common ailments at every stage.
For instance
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, global collaboration in the transfer of technology for creating vaccinations to avoid Corona epidemics has helped the entire world effectively repel Corona disease and improved the trust of people in
leaders
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the leaders
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of their country.
However
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, investment in
government
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health studies is usually delayed, owing to a lack of funds,
therefore
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they require the assistance of private enterprises with strong resources and more advanced technology.
Furthermore
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, private enterprises want earnings and a good reputation to grow, which motivates them to compete and collaborate with one another,
hence
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accelerating
research
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and improving product quality.
For example
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, the Pfizer vaccine was developed through collaboration between the American pharmaceutical company Pfizer and the German biotechnology company
Bio Tech
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Bio-Tech
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, it is the first Covid-19
prevent
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prevention
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vaccine developed through
research
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technology and the modern manufacturing process has effectively prevented virus spread.
This
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has helped to minimize the financial load and public pressure on the
government
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when the country is faced with an emergency scenario
such
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as reacting to an epidemic. In conclusion, I feel that both private companies and the
government
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are accountable for sponsoring medical
research
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because it not only benefits them but
also
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improves community health.
Submitted by khoiminhnguyen1411 on

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