Uploaded January 2026 | Updated September 2026, 1 week ago
Most people don’t realise this—but we’re funding innovation twice!
From life-saving medicines to the technology inside your iPhone, the majority of groundbreaking research is paid for by the public through universities, government programs, and public money. And then something wild happens: once the product is developed, it’s handed over to private corporations to patent, sell, and profit from—without returning anything to the public purse.
Dr Bob Gill break downs:
Why publicly funded drug research ends up enriching private pharma companies
How public money is used to pay for development and inflated prices
Why the iPhone is a perfect example of public innovation turned private profit
And how publicly owned patents and generic drug companies could change everything
This isn’t about being anti-business—it’s about asking a simple question:
If the public pays for innovation, shouldn’t the public benefit from it?
👇 Let us know your thoughts in the comments.
👍 Like, follow, and share if you think this system needs to change!
Watch the full broadcast here:
youtube.com/live/KSQlsK-BirM
#BigPharma #HealthcareCrisis #PublicFunding #DrugPrices #Pharmaceuticals #HealthcareReform #TaxpayerMoney
#CorporateGreed #GenericDrugs #PublicGood #Innovation #EconomicJustice #Politics #Explainer
Most people don’t realise this—but we’re funding innovation twice!
From life-saving medicines to the technology inside your iPhone, the majority of groundbreaking research is paid for by the public through universities, government programs, and public money. And then something wild happens: once the product is developed, it’s handed over to private corporations to patent, sell, and profit from—without returning anything to the public purse.
Dr Bob Gill break downs:
Why publicly funded drug research ends up enriching private pharma companies
How public money is used to pay for development and inflated prices
Why the iPhone is a perfect example of public innovation turned private profit
And how publicly owned patents and generic drug companies could change everything
This isn’t about being anti-business—it’s about asking a simple question:
If the public pays for innovation, shouldn’t the public benefit from it?
👇 Let us know your thoughts in the comments.
👍 Like, follow, and share if you think this system needs to change!
Watch the full broadcast here:
youtube.com/live/KSQlsK-BirM
#BigPharma #HealthcareCrisis #PublicFunding #DrugPrices #Pharmaceuticals #HealthcareReform #TaxpayerMoney
#CorporateGreed #GenericDrugs #PublicGood #Innovation #EconomicJustice #Politics #Explainer
