I know a bunch about pharma. The folks who are doing this and saying it's cheaper are often completely neglecting costs that are borne by corporations: the initial R&D, but also the immense amount of quality control and regulatory compliance. I've also talked to the biohackers. S ome of them are smart, careful, and just get stuff done in the lab. Then there are the attention hogs who inject themselves on youtube (typ…
Those costs aren't all borne by corporations, just the profits. The cost is the cost of public schooling of the children that invent these things, the invention and development of internet partially funded by DARPA that allows quickly conveying scientific information these companies use, the millinia of scientific research that precedes the invention. The corporation then benefits from regulatory capture, and insanel…
Tax base funds the work, donor base collects the rewards.