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If you're the only customer for their businesses, yes you can waive a magic wand and say now you'll get 40% less and deal with it. Especially if you're the gove
by hnmonkey 8y ago
If you're the only customer for their businesses, yes you can waive a magic wand and say now you'll get 40% less and deal with it. Especially if you're the government and it's a law. It's like Walmart with their suppliers. If you're the biggest baddest around you can kinda do what you want.
Certainly it will have impacts on R&D but are you suggesting that new drugs won't get created anymore? Don't drugs get created all throughout the EU?
- maxerickson 8y agoBig drug makers sell internationally so you can't just segment the research like that, EU manufacturers are taking the US market into account when they make investment decisions. Of course it would be easy to fund drug research publicly, I'm pointing out a flaw in your argument rather than arguing either way on the issue.
- krupan 8y agoYes, we'll have the Walmart of healthcare. Very inspiring.
- toufiqbarhamov 8y agoWe already have that, we’re just paying Whole Foods prices to get it.
- hnmonkey 8y agoExactly. We're controlled by a handful of pharma/healthcare companies currently. I'd put more faith in the government being on the other side than those companies.