“Medicare, Medicaid, when those came about, they led to…” — The a16z Show at 39:59
“Medicare, Medicaid, when those came about, they led to huge increases in funding for conditions that are commonly affected by Medicare, Medicaid stuff. So like if Medicare is buying a bunch of drugs for blah, blah, blah condition, suddenly the research effort for those conditions increased substantially. Like the…”
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