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Kalshi and Polymarket bets on clinical trials criticized as 'ghastly'
['Boballyn Is A Business Reporter At Npr Based In San Francisco. He Covers Technology', "How Silicon Valley'S Largest Companies Are Transforming How We Live", 'Reshaping Society.']
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Clinical trials are just the latest area where the industry's rapid growth is raising ethical questions.
"Most patients don't know about the choices available in clinical trials or which programs are most promising.
Given just how many people can be involved with clinical trials, Tsai thinks it might not be so easy to preemptively catch every bad actor.
Kalshi says it is offering bets on late-stage clinical trials where participants have already been chosen.
He hopes that Kalshi and Polymarket will stop letting speculators place bets that clinical trials won't succeed.