There clearly always has to be a balance. There can be no later-stage projects if there is no early-stage research. Absolutely, there is an ecosystem of innovation in the health care system where you must have basic research, but hopefully, the best, most commercializable aspects of that basic research can be found, focused upon, and developed quickly, cost-effectively, through organizations like CDRD.
On October 6th, 2014. See this statement in context.