3 ms·
I don't think most people know the actual costs to R&D, market, develop, etc of new drugs. They just complain that their new anti-cholesterol or anti-depressant
by hiram112 7y ago
I don't think most people know the actual costs to R&D, market, develop, etc of new drugs. They just complain that their new anti-cholesterol or anti-depressant costs $300 (at least before the insurance kicks in).
But many consumers don't do their research. Most new patented drugs aren't much more effective than numerous generics that would cost a few dollars. It doesn't help that doctors seem to be bribed to prescribe the newer ones.
I do feel bad for those people on experimental cancer or other life-saving drugs who have no other options. But that is capitalism.
What really bothers me, though, is the generic market is completely fraudulent, so much that apparently the US Government is filing a lawsuit against numerous manufacturers.
The one drug I need costs me almost $150 / month out of pocket. Its patent expired before I was even born, and I've purchased it in Europe for about $20 without even needing a prescription.
* https://www.cbsnews.com/news/generic-drug-lawsuit-massive-fraud-an-attack-on-the-american-people-connecticut-attorney-general-says/ https://www.cbsnews.com/news/generic-drug-lawsuit-massive-fr...