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Why is there no exact pricing regulation for such widely needed drugs? Capitalistic models don't work for everything, it certainly does not benefit this type o
by tomxor 7y ago
Why is there no exact pricing regulation for such widely needed drugs?
Capitalistic models don't work for everything, it certainly does not benefit this type of drug in an oligopoly... there is no competition and there is no need for it, the research is ancient history. Price fixing is not the problem, it's an inevitability, which is why the government should do it for them:
1. Regulate exact price, zero flexibility.
2. Require production of specific drugs as requirement for access to _any_ government research grants. Alternately to avoid production issues entirely: production is simply the cost of _being_ a pharmaceutical company selling any drugs to your country.
3. Meet demands through responsibility proportional to net profit. Make more money? great, but it has to benefit availability of basic drugs.