Who'd pay to run a trial if they didn't have an interest in the outcome?
A company running their own trial doesn't preclude other trials later on. Would you feel better if the African Union nations bucked up for a trial? Because they have a massive financial incentive too, though it's based on efficacy rather than sales.
Imo most trials should have two parts (1) do a blind bid so competitors can conduct trial (2) fund trial yourself as well. Hide names of both people conducting trial.
Keep results hidden and send both results to FDA for review. Publish both results after review. Only attach names of entities who conducted the trial at the end.
This enables for a full replication and evaluation without anyone knowing who did anything. And at the very least reduces risk of corruption.
Drug trials are already double-blind and highly regulated, particularly stage 3, so further controlling for the corruption you are suggesting doesn't seem necessary. If there is evidence (hard evidence not hearsay or conspiracy theories) of that sort of corruption, then I think what you suggest is a good improvement.
> It’s insane to me that we let people with massive financial incentives run their own trials.
The alternative is for some other organization to be on the hook for the HUGE costs a large scale trial. And then the incentives to not run useless expensive trials goes away.
if 30% of chemistry and physics papers can't be replicated, and something more like 70% of sociology and phycology papers can't be replicated, do you think that clinic trials might have a less than 100% trustworthy due to the possible monetary gains from the company conducting them?
To add to your point, this erodes trust in science too. Public perception of complex topics is very, very important. People effectively have to "trust" science. When it's corrupted there are ripples of distrust sown through the populace. Vaccine deniers, climate deniers, etcetc - distrust is just one of the fuels that fan these flames.
The people sowing distrust ARE the vaccine deniers and climate deniers. People comparing vaccine trials to cigarettes, like the person you are agreeing with here, ARE the problem; they were not created by "corporate funded vaccine trials".
You don't think perverse incentivized trials/studies/etc do damage to public perception? I'm not well versed in this subject (or versed at all), but if anything i feel like i am the public we're speaking about. Pro science, but scared of bad faith science.
For example, my perception is that the push for pro-sugar doctrine "back in the day" has caused significant health problems and a distrust in the process.
I have a Ph.D. in a hard science, so I guess I'm not totally unaware of how science works. Let's say, I have lived experience as to why 30% of physics and chemistry research can't be replicated.
Putting 100% faith and trust in a "corporate funded vaccine trials" is something I would suggest against given the potential monetary gains from those conducting it.
It’s insane to me that we let people with massive financial incentives run their own trials.