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Thread: House Judiciary Committee

  1. #21
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    Quote Originally Posted by deljzc View Post
    Not sure you're going to convince me that changing the U.S. health care market from private to government run is going to change the output on R&D considering most of the world is already government run health care. It's not like private Pharma and Health Care companies don't make money in Europe or China. Of course they do.
    Government run healthcare is non-profit. Those programs have literally no incentive to spend the massive time and money needed for medical innovation.

    China does not invent medical technology and new drugs; they just steal it from the United States and then put the finishing touches on new technology to take to market and steal what the United States actually invented, including in medical technology and drugs.

    While the United States is still at the top in total investment in research and development — spending $500 billion in 2015 — a new Boston Consulting Group (BCG) study released Monday has made a startling finding: A couple of years ago, China quietly surpassed the U.S. in spending on the latter stage of R&D that turns discoveries into commercial products. And at its current rate of spending, China will invest up to twice as much as the U.S., or $658 billion, by 2018 on this critical late-stage research.

    In other words, the U.S. Is doing the hard work of inventing new technologies, and China, among other countries, is reaping the benefits by taking [stealing] those ideas and turning them into commercial products,the report says. “Other countries are free-riding on the U.S. investment," says Justin Rose, who co-authored the BCG study.


    https://www.usatoday.com/story/money...ion/100016138/
    Quote Originally Posted by Elfiero View Post
    Of course I'm despicable...

  2. #22
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    A Texas cancer treatment center routinely ranked among America's best ousted three of five scientists suspected by federal authorities of working with China to steal research.

    The three, in internal documents the MD Anderson Cancer Center provided to the Houston Chronicle, were identified as ethnically Chinese. Two of them resigned ahead of termination proceedings and the third is now challenging the dismissal. Officials determined termination was not warranted for one and the last is still under investigation.

    The documents, according to the New York Times, allege the National Institutes of Health complained to the facility last year about one of the scientists sending a grant application to a counterpart in China, while it is suspected others held undisclosed positions at medical institutions in Beijing.

    “A small but significant number of individuals are working with government sponsorship to exfiltrate intellectual property that has been created with the support of U.S. taxpayers, private donors and industry collaborators,” the center’s president, Dr. Peter Pisters, told the newspaper after news of the ousters emerged.


    https://www.foxnews.com/us/cancer-sc...arch-for-china
    Quote Originally Posted by Elfiero View Post
    Of course I'm despicable...

  3. #23
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    Quote Originally Posted by hamster View Post
    What a disgrace. Cohen. Now Dean. Can we sink any lower?
    Hold my hit list ...

    Quote Originally Posted by Elfiero View Post
    Of course I'm despicable...

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