4 ms·
It's also important to note that advanced drugs for rare illnesses are expensive for a reason: high development costs and a very small market. Costs must amort
by mises 7y ago
It's also important to note that advanced drugs for rare illnesses are expensive for a reason: high development costs and a very small market. Costs must amortized over a very few. There also aren't really any economies of scale, because each treatment is unique. Socialized medicine won't cover something like this; the option is a very high price in America or nothing at all.
- omegaworks 7y ago> the option is a very high price in America or nothing at all. False dichotomy. We have robust public and private medical research universities.
- mises 7y ago> We have robust public and private medical research universities. We have a few that give treatment for some things. That does not mean everyone can get treatment; they are not just free hospitals.
- ChrisLomont 7y agoNone of which will pay the billions in R&D and testing required to bring a drug like this to market. Which drugs on this scale were brought to market by these universities?
- deleted 7y ago[deleted]