Worldwide, governments spend more on health research compared to the amount that private, for-profit firms spend.

Question

Quizplus · Accepted Answer

Governments do indeed invest significantly in health research, but the combined spending of private, for-profit firms, especially large pharmaceutical and biotech companies, often surpasses the total government expenditure on health research worldwide. These private entities invest heavily in research and development (R&D) to innovate, develop new drugs, and maintain competitive advantage.

Worldwide, Governments Spend More on Health Research Compared to the Amount