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> So even in a rich country, this is like 50% more than the income of a typical person. Generic versions of expensive American drugs tend to be released by Ind
by joshuaissac 6y ago
> So even in a rich country, this is like 50% more than the income of a typical person.
Generic versions of expensive American drugs tend to be released by Indian pharmaceutical companies into developing countries after a while.
- rtx 6y agoThey do it after the patent expires.
- chefkoch 6y agoNot always, the cancer drug lenalidomid (Revlimid) is around 20 000$ for 21 pills in the US, the indian generica is around 200$.
- s1artibartfast 6y agoIndia does not allow patents on pharmaceuticals.[1] As a result, they have an excellent market for generics, but new medicine is 6-8 years behind the rest of the world. https://link.springer.com/chapter/10.1007/978-981-13-8102-7_11 https://link.springer.com/chapter/10.1007/978-981-13-8102-7_...