3 ms·
> Patented drugs are generally awful. The idea that it costs $1B to make a game changing drug is a lie. It costs $1T. The US taxpayer pays 99.9%, and the big ph
by JamesBarney 6y ago
> Patented drugs are generally awful. The idea that it costs $1B to make a game changing drug is a lie. It costs $1T. The US taxpayer pays 99.9%, and the big pharma company spends a billion to generate some shitty subpar derivative that they can then get monopoly protection on and create an artificial racket supported by false marketing.
This number is impossibly wrong. There were 48 new drugs brought to market in 2019. At an average cost of 1 trillion dollar per drug would mean the entire economy of both the U.S. and Europe were devoted to drug research which just isn't true.
- breck 6y agostdlib