Hacker News Reader

Out of curiosity

If your company is a for profit share company making inroads in this, then what is the point of donating money when the real progress seems to happens on the invested money looking for returns

View on HN

You're typically donating to patient treatments, which are very expensive, and most treatment options don't work out long term if you're at the point where you're on clinical trials. There's also a lot of pure research into cancer itself.

For profit companies can't spend funds on doing foundational research. There's no financial return on that. So foundational research is left to the universities and foundations. Biotech ventures only can focus on treatments.

Reply on news.ycombinator.com