Medical research is undoubtedly vitally important as it could lead to innovative
treatments and cures for existing and even future diseases. However, opinions are
divided on who should pay for such research. Personally, I believe that all need to
fund research in the medical field because it benefits all parties involved.
There are several reasons why it can be argued that private corporations should
fund the research into health issues. First of all, the key reason for private -owned
companies, especially pharmaceutical ones, to fund medical research is that they
directly benefit from this. If a business discovers a medicine, vaccine, or treatment
for certain cuses for certain diseases. Not only will they certainly reap financial
rewards but also they boost their reputation. This can be seen in the case of Johnson
and Johnson, a large pharmaceutical firm in the US. This company has successfully
created a vaccine for Covid 19, and its stock has increased exponentially.
As well as this, the government should finance research to enhance disease
treatments. To be more specific, the government should be responsible for ensuring
public health and investing in medical research is a way of fulfilling it. A healthier
population ensures a more effecient and productive government that will convince
the government to invest, incentivizing the state to participate. As a result, the
government to pay for any research aimed at boosting the general well-being of the
population, as well as social-economic improvement.
Finally, individuals also benefit from the advent of better treatments and
medicines, as they will be better treated when they are ill. Of course, one might
argue that the experiment demands the use of extremely advanced and expensive
technology, and that individuals cannot contribute in any way. However, they can
make contributions by simply paying their taxes. The government will also have
income to pay for potential pieces of research in the medical field.
In conclusion, I believe that innovative kinds, medications, and treatments benefit
the government, private businesses, and individuals. Therefore, all three must play
their part in enhancing public health, for example by paying for medical research.
Medical
research
is
undoubtedly
vitally
important
as it could lead to innovative
treatments and cures for existing and even future diseases.
However
, opinions
are
divided
on who should pay for such
research
.
Personally
, I believe that all need to
fund
research
in the
medical
field
because
it benefits all parties involved.
There are several reasons why it can
be argued
that private corporations should
fund the
research
into health issues.
First of all
, the key reason for private -
owned
companies
,
especially
pharmaceutical ones, to fund
medical
research
is that they
directly
benefit from this. If a business discovers a medicine, vaccine, or treatment
for certain
cuses
for certain diseases. Not
only
will they
certainly
reap financial
rewards
but
also
they boost their reputation. This can be
seen
in the case of Johnson
and Johnson, a large pharmaceutical firm in the US. This
company
has
successfully
created a vaccine for
Covid 19
, and its stock has increased
exponentially
.
As well
as this, the
government
should finance
research
to enhance disease
treatments. To be more specific, the
government
should be responsible for ensuring
public health and investing in
medical
research
is a way of fulfilling it. A healthier
population ensures a more
effecient
and productive
government
that will convince
the
government
to invest, incentivizing the state to participate.
As a result
, the
government
to pay for any
research
aimed at boosting the general well-being of the
population,
as well
as social-economic improvement.
Finally
, individuals
also
benefit from the advent of better treatments and
medicines, as they will be better treated when they are ill.
Of course
, one might
argue that the experiment demands the
use
of
extremely
advanced and expensive
technology, and that individuals cannot contribute in any way.
However
, they can
make
contributions by
simply
paying their taxes. The
government
will
also
have
income to pay for potential pieces of
research
in the
medical
field.
In conclusion
, I believe that innovative kinds, medications, and treatments benefit
the
government
, private businesses, and individuals.
Therefore
, all three
must
play
their part in enhancing public health,
for example
by paying for
medical
research
.