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The uncertainty of science: A new study suggests that $28 billion is spent on biomedical research that no one can reproduce.
I have no doubt that a vast amount of medical research is so poorly done that no one else will ever be able to replicate the results. However, the article notes that the way the researchers came up with the $28 billion figure is quite questionable, reviewing only about two dozen studies and then extrapolating their numbers across the entire research field. This is highly uncertain and should be taken with a grain of salt.