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Unfortunately, this is one of many ways the consumer is being fleeced by the capitalist in the Rx market. I don't use the term "capitalist" to be inflammatory o
by oneJob 11y ago
Unfortunately, this is one of many ways the consumer is being fleeced by the capitalist in the Rx market. I don't use the term "capitalist" to be inflammatory or generically as understood when one says American Capitalism, but rather in the economic sense. Persons who legally own capital and direct its use. Most drug discovery and research / testing is accomplished by academics and governments, and then somehow the capitalists take all the credit and the profits. They have a bunch of different strategies, but they all accomplish roughly the same thing: maximize the $ that ends up in their bank accounts.
This is a must read for anyone interested on the subject: http://www.nybooks.com/articles/archives/2004/jul/15/the-truth-about-the-drug-companies/ http://www.nybooks.com/articles/archives/2004/jul/15/the-tru...