(Sanders') ‘Radical’ bill seeks to reduce cost of AIDS drugs by awarding prizes instead of patents

[jerseyjack]

4. Drug compannies have the money to fund research. They get some of it from non-profits.

But how much of non-pro money goes into overhead, salaries of executives. I did volunteer and paid work for a non-profit. It achieved 99.8% of its stated goals. Then the question became how to keep its status as a money generating entity that paid $200k to its president.

Answer: Change its name to reflect an expansion of its purpose. It has done little or nothing since the name change to justify no more than 10% of its funding. The president still gets 200k.

I believe many of the disease based non-pros also have the problem of justifying their existence if a cure were found.

Komen, anyone?