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Appropriate Quote by Michael Bloomberg

“Despite its potential, the federal government has restricted funding for creating new cell lines - putting the burden of any future research squarely on the shoulders of the private sector. Government's most basic responsibility, however, is the health and welfare of its people, so it has a duty…” quote by Michael Bloomberg
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“Despite its potential, the federal government has restricted funding for creating new cell lines - putting the burden of any future research squarely on the shoulders of the private sector. Government's most basic responsibility, however, is the health and welfare of its people, so it has a duty to encourage appropriate scientific investigations that could possibly save the lives of millions.”

Michael Bloomberg

About This Quote

Source Speech: Public Policy Remarks, Michael Bloomberg, 2015

The government limits public funding for new cell lines, shifting research costs to private companies, yet it should support health‑focused science that could save millions.

In simple terms: Government restricts cell line funding, pushing research to private sector, but should aid health science.

Key Takeaway

Balance public support with private innovation.

Themes

public policy science funding health private sector government responsibility

Mood

concerned optimistic

Type

policy advocacy

When to use this quote

  • pharmaceutical development
  • public health initiatives
  • academic research
  • clinical trials

Key Concepts

research ethics public health innovation economics

Questions to Reflect On

  • How can public and private sectors collaborate on high‑impact health research?
  • What safeguards ensure private motives don’t compromise public health?
A Different Perspective

Private sector may lack resources for high‑risk, long‑term studies.

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