Short story. Private research is only in it if there is profit. This mates with the Republican philosophy that your bad luck is an opportunity for them to make a buck.
Civilized adults know that healthcare is a moral imperative + gov sponsored research is a building block for a civilized society.
Also, when private companies alone are doing any type of research, there is always the conflict of interest that their objective, always, is to increase profits.
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Civilized adults know that healthcare is a moral imperative + gov sponsored research is a building block for a civilized society.