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Fintech Isn't Evolving in the Past 10 Years, Is It?
The approval process is extremely buraucratic and hasn't really evolved in a plast 30, forty, 50 years. The hoops that companies need to jump through haven't really evolved despite there being so much new technology available. Many byeti companies will never have an intention of actually bringing a drug to market themselves because they won't be able to shoulder those high end stage costs. They just keep existing despite not having a clear path of when one of their drugs could yet d come to market.