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Fair enough, but with that proposal you have the FDA and pharmaceutical companies positioned against you. Price controls - at least with a Democratic administr
by gridlockd 6y ago
Fair enough, but with that proposal you have the FDA and pharmaceutical companies positioned against you.
Price controls - at least with a Democratic administration - are more realistic, because the FDA doesn't care about that and the pharmaceutical companies at least get to keep their moat, which they will prefer over some lost profits from generics.
- nickff 6y agoI completely agree that the pharmaceutical companies will lobby to keep the current regulatory barriers. 'Big Pharma' has specialized in regulatory compliance, not drug development and production, so they'll fight to protect the barriers. I don't think price controls will work quite as well as you do, and I disfavor solutions which require a benevolent bureaucracy (and executive branch).