“Why not try it? What have we got to lose?” said Butler.
Butler is known as a man of unconventional ideas and big thinking. He proposed building two major airport hubs and he championed a proposal to mandate price disclosures for non-emergency medical treatments and procedures.
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Butler said the current system for paying for scientific research hasn’t brought about cures of major diseases for decades. Butler argues that private funding pays for two-thirds of current scientific research while government institutions pay for the rest.
“Cures for diseases are rarely, if ever, researched because companies cannot possibly make more money on products people take once or for a short period of time and never have to take again versus products have to take for months or years,” he said in a written release.