3 ms·
> Then you only sell the drugs that do profit, and stop making the ones that cost money. This is the situation we're in now. Just different people shoulder di
by slededit 8y ago
> Then you only sell the drugs that do profit, and stop making the ones that cost money.
This is the situation we're in now. Just different people shoulder differing amounts of the cost. Equal pricing won't change the fundamental economics of drug research.
- conanbatt 8y ago> This is the situation we're in now. Cost-shifting is a valuable effect in the pharma industry, because high profit-margin technology might subsidize low-profit high cost drugs. Price differentiation is usually net positive effect, but being inequitable people have a reaction against it and more so in health related services. If you could only sell 1 type of seat in an airplane, for example, you would have lots less flying than today, by reducing the amount of rich people flying business/first because of loss of quality, and by reducing the median/average person because of increased cost. So yes, from an economic standpoint, equal pricing has an effect on the research and development of a product. This should be obvious in this community, for example, look at Google. Almost everything loses money but search. Equitable pricing would make search cheaper, and all the other services paid.