3 ms·
Even so, 430 times the lowest price shows how distorted the market is. Unless it's okay because we can rationalize it as "it helps make the product accessible
by johnchristopher 10y ago
Even so, 430 times the lowest price shows how distorted the market is.
Unless it's okay because we can rationalize it as "it helps make the product accessible to poorer countries".
- briandear 10y agoThe US price subsidizes the Sierra Leon price. You also don't have multi-million dollar lawsuits in Sierra Leon. Want to lower drug prices? Enact tort reform.
- deleted 10y ago[deleted]
- sbov 10y agoTexas has tried pretty much every piece of trope certain political parties like to trot out to "fix" medical care, including tort reform. It hasn't done a damn thing.
- summarite 10y agoWhat nonsense. It's out of patent. There's no cost anymore except production and distribution. It's not a matter of recovering costs anymore, it's an oligopoly fixing the prices.
- tasty_freeze 10y agoWhat percent of, say, Merck's annual budget goes towards paying out due to court cases they have lost where tort reform might make a difference? (I mean, ignore any lawsuits surrounding business practices, or from a competitor) Or pick any other pharma giant. I tried to google it myself but didn't find anything clear on the matter.