Former Intel CEO Rips Medical Research
Himuanam writes "Former Intel CEO Grove rips on the medical research community, contrasting their lack of progress with the tech industry's juggernaut of breakthroughs over the past half-century or so. 'On Sunday afternoon, Grove is unleashing a scathing critique of the nation's biomedical establishment. In a speech at the annual meeting of the Society for Neuroscience, he challenges big pharma companies, many of which haven't had an important new compound approved in ages, and academic researchers who are content with getting NIH grants and publishing research papers with little regard to whether their work leads to something that can alleviate disease, to change their ways.'"
"The United States also continues to spend far more on a per capita basis for healthcare than any other country. It spent over $4,600 per capita on healthcare in 2000 - more than twice the average of almost $2,000 across OECD countries. Public spending per capita in the U.S. is also high (it follows Iceland and Germany), even though only about one-quarter of the population is insured through public programmes"
OECD