Reply to thread

Message: [QUOTE="richmondcuse03, post: 5191611, member: 984"] Sorry but that’s not exactly true. It’s the combo of the two that lead to medical advancements. The NIH is the world’s largest funder of biomedical research. Many drugs start out in lab programs funded partially by the government. Yes private / public capital supports the development after. But the original research and work is often government funded. So you can’t say it’s one or the other. It’s both together. The reality is that an average person’s understanding of PE is buyout / LBOs. There are many other types of financing so it’s often confused. [/QUOTE]