News and Reaction
“ | But some of the highest-leverage work that government can do is to set policy and disburse funds in ways that create market incentives for business activity that improves the lives of the poor. Under a law signed by President Bush last year, any drug company that develops a new treatment for a neglected disease like malaria or TB can get priority review from the Food and Drug Administration for another product they've made. If you develop a new drug for malaria, your profitable cholesterol-lowering drug could go on the market a year earlier. This priority review could be worth hundreds of millions of dollars. | ” |
Bill Gates at the World Economic Forum in Davos in 2008.
Read more about this topic: Priority Review Voucher
Famous quotes containing the words news and/or reaction:
“Where village statesmen talked with looks profound,
And news much older than their ale went round.”
—Oliver Goldsmith (17281774)
“In contrast to revenge, which is the natural, automatic reaction to transgression and which, because of the irreversibility of the action process can be expected and even calculated, the act of forgiving can never be predicted; it is the only reaction that acts in an unexpected way and thus retains, though being a reaction, something of the original character of action.”
—Hannah Arendt (19061975)