What if nations funded research and drug production in nation owned facilities that priced the drugs at production price to national insurances and at higher pr

What if nations funded research and drug production in nation owned facilities that priced the drugs at production price to national insurances and at higher prices for world wide sale? The high costs of research in medicine should be canceled out by the reduction in insurance spending (which no instead would directly be used for research). Given that nowadays drug companies are profitable their spending and earnings must be balanced, so would it would be in such a system as well. The price for drugs can only go down this way. It would not even be necessary to get rid of commercial drug companies and the standing patents. It would just be an addition for the creation of drugs that do not need to rely on a business model but that are focused on actually make people healthy as cheaply as possible.