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Federal Government To Develop Its Own Drugs In Effort To Spur Pharmaceutical Industry
Popular Science ^ | 1/24/2011 | Rebecca Boyle

Posted on 01/25/2011 1:06:19 PM PST by Roos_Girl

Faced with a diminished drug-development pipeline in the private sector, the Obama administration is starting a federal drug development center, aiming to spur the creation of new medicines.

The new National Center for Advancing Translational Sciences will get $1 billion in funding to conduct drug research with the goal of attracting private investors. Federal scientists may go so far as to start human trials if necessary, the New York Times reports. Federal officials want the center to open as soon as October.

(Excerpt) Read more at popsci.com ...


TOPICS: Business/Economy; Health/Medicine
KEYWORDS: fedgov; healthcare; obamacare
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Whole title: Federal Government To Develop Its Own Drugs In Effort To Spur Pharmaceutical Industry
1 posted on 01/25/2011 1:06:25 PM PST by Roos_Girl
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To: Roos_Girl

Sounds like another way to soak up more taxpayer dollars.


2 posted on 01/25/2011 1:07:40 PM PST by cripplecreek (Remember the River Raisin! (look it up))
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To: decimon

Ping


3 posted on 01/25/2011 1:07:40 PM PST by Roos_Girl (The world is full of educated derelicts. - Calvin Coolidge)
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To: Roos_Girl

Oh, for goodness sakes!! Is there anything this government will not try to take over and knock out free market competition?


4 posted on 01/25/2011 1:08:13 PM PST by NEMDF
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To: Roos_Girl

Gee, from the people who brought you Obmacare. lol.


5 posted on 01/25/2011 1:08:16 PM PST by MIchaelTArchangel (Obama makes me miss Jimmah Cahtah!)
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To: Roos_Girl

People are missing the concept about private sector and public sector.

If their first medicine kills instead of heals, will they be held accountable? Or will the taxpayers have to shell out?


6 posted on 01/25/2011 1:08:36 PM PST by GeronL (http://www.stink-eye.net/forum/index.php)
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To: Roos_Girl

Can’t wait for my government drugs.

Can my family sue if they kill me? Or because “the gubmint” makes them they are immune from lawsuits?

I don’t know why I worry, there will never be one drug that ever makes it out of this place anyway. even if they did make something half-useful it’d be so m-f expensive they’d never offer it.


7 posted on 01/25/2011 1:09:13 PM PST by Secret Agent Man (I'd like to tell you, but then I'd have to kill you.)
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To: Roos_Girl

No no no no no. This is bad bad bad bad bad.


8 posted on 01/25/2011 1:09:44 PM PST by bvw
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To: MIchaelTArchangel

Imagine trying to sue over bad side affects. The guy in charge will get a promotion and the taxpayers have to shell out $$$.

dang


9 posted on 01/25/2011 1:09:54 PM PST by GeronL (http://www.stink-eye.net/forum/index.php)
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To: Roos_Girl

The government should not be in any business it taxes.


10 posted on 01/25/2011 1:10:11 PM PST by isthisnickcool (Sharia? No thanks.)
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To: cripplecreek

Can you say super-boondogle?


11 posted on 01/25/2011 1:10:43 PM PST by Rodm
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To: Secret Agent Man

Sure you can sue. The taxpayers will shell out. The people in charge will get promotions and bonuses.


12 posted on 01/25/2011 1:10:46 PM PST by GeronL (http://www.stink-eye.net/forum/index.php)
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To: Roos_Girl

And, this is covered under what section of the US Constitution? Better they should spend a couple of hours determining why there is diminished private sector development, rather than start down a new anti-Constitutional path, IMO... (Hint: Mirror)


13 posted on 01/25/2011 1:12:19 PM PST by PubliusMM (RKBA; a matter of fact, not opinion. 01-20-2013: Change we can look forward to.)
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To: Roos_Girl

Can the Federal Government just do this sort of thing for anything at all? Like could they just say “we’re going to make government soft drinks now” or whatever? No discussions, no votes, no debates? Just fiat done deal?


14 posted on 01/25/2011 1:12:32 PM PST by Anima Mundi (If you try to fail and you succeed , what have you just done?)
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To: Roos_Girl

Oh great! Look for a Viagra/Salt Peter combo from these bozos.


15 posted on 01/25/2011 1:12:32 PM PST by shove_it (have a nice day)
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To: Roos_Girl
Yeah, like anyone's going to ingest anything cooked up by a Van Jones/Eric Holder-level freak in this new self-satirizing department.

I guess since Barry set the precedent, none of those employed in the new Ministry of Drugs needs any background education or proof of citizenship either.


Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

16 posted on 01/25/2011 1:12:39 PM PST by The Comedian (Obama is just the cherry on top of the $hit sundae of fraud the democrats have become.)
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To: Rodm

“Can you say super-boondogle?”

As in the California fetal stem cell research bonds which went 100% down the rat hole. You can always count on California to lead the way.


17 posted on 01/25/2011 1:14:19 PM PST by forgotten man (forgotten man)
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18 posted on 01/25/2011 1:14:42 PM PST by smokingfrog (BORN free - taxed to DEATH)
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To: Roos_Girl
I'm sure there is some government regulation in place that has caused the pharmaceutical companies to not devleop new drugs. And I'm sure this was done intentionally.
19 posted on 01/25/2011 1:14:58 PM PST by Major Matt Mason (Democrat Motto - "A lie will travel halfway around the world before the truth can put its pants on.")
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To: isthisnickcool

how else do you think obama can increase the one stat that might save him...employment.... by becoming the employer....


20 posted on 01/25/2011 1:15:10 PM PST by himno hero
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