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> "Manufacturers say decent returns are needed to reward high-risk research and prices reflect the economic value provided by medicines." Contrast this market
by mipapage 11y ago
> "Manufacturers say decent returns are needed to reward high-risk research and prices reflect the economic value provided by medicines."
Contrast this market or model with mining, where small junior companies raise investment capital from people who want to take the risk of the junior actually finding a profitable deposit to mine.
It seems this is more what markets were made for; people who want to take the risk and get the reward foot the bill for that risk. Removing that cost from the cost of the product makes the product more accessible, and the financing comes from those who want to finance.