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And the US government funding was equivalent to private industry for 99% of drugs developed this century.
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10148199/
Okay, so this drug costs 1 million instead of 2 million now assuming they didn't offer any subsidy because of that, which they probably didn't.
Edit: just to go further on the topic - if we don't want crazy prices on these types of cures (low / single use, high research cost) they essentially need to be completely funded by the government with a clause on pricing, or simply owned by the government. But you're going to have a hard time convincing people to vote for you when you spend 2 billion hoping for a low use cure vs working on something more widespread and impactful, even if it's the right thing to do.
It would be easier if it wasn't illegal for Federal public institutions to hold the intellectual property. As it is, even if the research is 100% tax-payer funded, and conducted exclusively through public institutions, a private company still gets to take ownership of the patent and exclusivity rights. It's pretty disgusting.
Pretty much this meme:
well thats... fucked.