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Don't worry, I was downvoted too! America has produced by far the most medical advancements in the modern era. What people don't recognize about the lower cos
by adam_arthur 5y ago
Don't worry, I was downvoted too!
America has produced by far the most medical advancements in the modern era.
What people don't recognize about the lower cost of drugs in countries like Canada is that they effectively have government price controls. If we were to do the same here, it would greatly limit R&D into new treatments.
However, there are of course other ways to reduce cost to the consumer without harming the rich ecosystem of biotech.
Important to understand this dynamic when adjusting laws, because it would be very easy to totally kill medical innovation