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Prediction Market Betting on Drug Trials and Approvals Sparks Concern About Undermining Research

Source: nytimes July 28, 2026 · 07:26
Prediction Market Betting on Drug Trials and Approvals Sparks Concern About Undermining Research
Photo by RDNE Stock project · Pexels
From the publisher
Prediction markets on Kalshi and Polymarket now let people wager money on drug approvals. Kalshi also plans to allow bets on clinical trial results.
About the source

The New York Times

The New York Times (NYT) is a newspaper based in Manhattan, New York City. The New York Times covers domestic, national, and international news, and publishes opinion pieces and reviews. One of the longest-running newspapers in the United States, the Times serves as one of the country's newspapers of record. As of June 2026, The New York Times had 13.35 million total subscribers: 550,000 print and 12.8 million digital, both the highest numbers for any newspaper in the United States by a signific…

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