Just fucking ignorant is what your point is. It costs a shit-load to develop a drug, and most of those that are started along the development pathway don't make it to the end. So to produce a new drug typically has a huge capital cost. If that cost is not recouped then *bingo* no new drugs.
If you think public research and funding is the best way to research drugs, then you need good evidence that such processes actually work, and sorry, but there's damn all evidence that it does. Maybe it "used to be done by Universities", and to be sure they haven't stopped, but most new drugs come from the commercial world, so perhaps your vaunted taxpayer funded nirvana is just another "give us your money" scam for well-heeled public servants.