Nowadays, many medical research projects are funded by private companies. In your opinion, do you think that research should be carried by private companies, individuals or government?
Nowadays, many medical research projects are funded by private companies. In your opinion, do you think that research should be carried by private companies, individuals or government? e8oeW
As per the present context of the world, majority of the research programs for health sector gets it financial support from private companies. In my opinion, the same should be carried further by them and the relevant factors are elaborated in the essay.
Firstly, when explaining about the benefits related to this, most of the developed countries have issued full legal rights to private sectors to proceed the medical analyzing in lighting the fact that the competition is high. As a result of that, every organization is planning to produce high quality services for the community. Not only that, but also the government would allocate their funds for other fruitful medical services by involving the commercial institutes to carry out the researches. As an example, according to research that has been taken place in the UK proved that the quality of the results of medical analyze projects is high if the same has funded from private companies.
When it comes to the government approaches for health industry, the would be able to finance projects such as improvements in hospitals and training their staff with relevant qualifications. Not only that but also they could utilize that budget to offer free medication for the people who are penalize from poverty. For instance, based on survey conducted in Cuba, confirmed that the government is allocating 80% of their annual budget to develop the technology and equipment used in hospitals and to provide financial supports for the crowd with inabilities as they have appointed private organizations to handle the research projects.
Therefore, I would say that it is beneficial for the community if those kinds of programs are conducted by commercial industries as the state funds could be supplied for other programs.
As per the present context of the world, majority of the
research
programs for health sector
gets
it financial support from
private
companies
. In my opinion, the same should
be carried
further
by them and the relevant factors
are elaborated
in the essay.
Firstly
, when explaining about the benefits related to this, most of the
developed countries
have issued full legal rights to
private
sectors to proceed the medical analyzing in lighting the fact that the competition is high.
As a result
of that, every organization is planning to produce high quality services for the community. Not
only
that,
but
also
the
government
would allocate their funds for other fruitful medical services by involving the commercial institutes to carry out the
researches
. As an example, according to
research
that has
been taken
place in the UK proved that the quality of the results of medical analyze projects is high if the same has funded from
private
companies
.
When it
comes
to the
government
approaches for health industry,
the
would be able to finance projects such as improvements in hospitals and training their staff with relevant qualifications. Not
only
that
but
also
they could utilize that budget to offer free medication for the
people
who are
penalize
from poverty.
For instance
, based on survey conducted in Cuba, confirmed that the
government
is allocating 80% of their annual budget to develop the technology and equipment
used
in hospitals and to provide financial supports for the crowd with inabilities as they have appointed
private
organizations to handle the
research
projects.
Therefore
, I would say that it is beneficial for the community if those kinds of programs
are conducted
by commercial industries as the state funds could
be supplied
for other programs.
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