3 ms·
Hey biorach - I would suggest: https://www.rand.org/pubs/research_briefs/RB9412.html https://www.rand.org/pubs/research_briefs/RB9412.html and The Great Americ
by mjewkes 4y ago
Hey biorach -
I would suggest: https://www.rand.org/pubs/research_briefs/RB9412.html https://www.rand.org/pubs/research_briefs/RB9412.html
and The Great American Drug Deal, by Peter Kolchinsky.
Specific claims:
- The US pays more for new drugs than the rest of the world
- The US contribution is disproportionate, and is major driver of the drug development industry.
-If the US paid less for new drugs, the entire industry would slow, and we would have fewer more effective treatments.
...
Routine medical procedures being crazy expensive is unrelated and pathological.
- raverbashing 4y agoYou're assuming that most of the "extra" money goes back in research and not to shareholders and management bonuses Given how pharma companies operate, I kinda doubt it.
- mjewkes 4y agoNo assumptions. The rand article addresses that directly.