Economist Wants the Big Pharmaceuticals Nationalised

More from: | Gizmodo UK |
0

Jim O’Neill, a former banker and economist who got so good at his job and shook all the right hands that he’s now known as The Right Honourable Lord O’Neill of Gatley, has been thinking about the looming planetary death sentence that is antibiotic resistance. And he’s had an idea. People with their life savings in GlaxoSmithKline shares look away now.

O’Neill was speaking to an audience of health pros about the problematic antibiotics market, when he suggested a number of ways the pharma giants might be encouraged to spend more time and money on antibiotic developments, rather than pursuing more profitable drugs. Potentially nationalising some drugs giants was his headline idea, with O’Neill threatening the pharma businesses with the impossible menace of:

(...)

Read full article » http://www.gizmodo.co.uk/2019/03/economist-wants-the-big-pharmaceuticals-nationalised/


About | Gizmodo UK |

Gizmodo UK isn’t your average tech site. Sure, we love technology and gadgets, but like any good nerdlinger, we’re also interested in science and smart design. Everything around us has been influenced by these elements, and it’s our goal to tell the stories behind these inspiring products, and to keep you on your toes about what’s coming next.

Expect to see amazing architecture you’d trade your Wi-Fi connection for; spaceships that soar to new and unexplored solar systems; futuristic automobiles and oceanic vessels that would fluster even James Bond; military innovation and eyebrow-raising government farces, and of course, all manner of geek culture and toys.

»Twitter: @GizmodoUK »Facebook: @GizmodoUK