3 ms·

I'd look towards regulations. It costs 2.6 billion dollars to get one single drug through the FDA: https://www.policymed.com/2014/12/a-tough-road-cost-to-devel

• crimsonalucard 8y ago
  This is a good thing. You don't want to be putting something in you that doesn't work. Drugs need massive R&D and that's why it's effective. I'm more talking about the majority of your bill where the doctor basically spends 5 minutes with you and charges 2k.
  • qudat 8y ago
    > This is a good thing. You don't want to be putting something in you that doesn't work. Drugs need massive R&D and that's why it's effective. I don't necessarily disagree, but when the US is a leader in producing new drugs and they have to go through the FDA, R&D which is extremely expensive, those costs are transferred to drug prices.
  • elliekelly 8y ago
    So you're against doctors for "monopolizing" medical knowledge but for drug patents that... monopolize medical knowledge?
    • crimsonalucard 8y ago
      It's a temporary evil. The Creation of knowledge costs an incredible amount of money. A 10 year monopolization is a fair incentive to acquire such knowledge. The system has loop holes, yes, but the intention of the system I support. Of course if there's a better way I support it even more.
• astrodust 8y ago
  I'm sure the drug companies prefer the barrier to entry to be really high so that it discourages others from even trying. Sure, they hate paying that much to get a drug approved, but they'd hate having to compete even more.