4 ms·
I'm not convinced that's true. If the market really is free and fair, and the price is currently 8 times more than elsewhere, why are foreign pharmaceutical com
by adwww 6y ago
I'm not convinced that's true. If the market really is free and fair, and the price is currently 8 times more than elsewhere, why are foreign pharmaceutical companies not flooding the US market?
Why are there not dozens of silicon valley startups springing up to 'disrupt' this market - clearly there are large margins to be made given the price is so much higher at the moment.
It sounds more like some regulatory capture has happened which is keeping prices artificially high, than that all other countries are artificially low.
- cplanas 6y ago> It sounds more like some regulatory capture has happened which is keeping prices artificially high This. Not sure if it's a system bug, or a feature: the system may have been designed for this to happen.
- warkdarrior 6y agoOne cannot import drugs into US unless they get FDA approval for that particular drug from that particular manufacturer from that particular country.
- adwww 6y agoWhich somewhat undermines the original claim that the US market is more free and fair than any other...