You would kill, at minimum, hundreds of thousands of people with your hubris.
I encourage you to read some econmetrics papers on governmental success rates as 'picking winners.' They are terrible allocators and would be more likely to try to build a pharma R&D center in Michigan and Wisconsin for general election concerns.
Are you kidding me? The way the private sector "picks winners" more consistently is by tweaking existing molecules or creating two-in-one pills for patent protection purposes. In other words, by avoiding real work.