3 ms·
There’s a better solution; regulate, fine and breakup unscrupulous drug companies. Hang on, isn’t insulin pricing the exact sort of thing anti-cartel/anti-comp
by andy_ppp 4y ago
There’s a better solution; regulate, fine and breakup unscrupulous drug companies.
Hang on, isn’t insulin pricing the exact sort of thing anti-cartel/anti-competitive laws are meant to prevent?
- refurb 4y agoYes, fining and breaking up companies that spend billions on R&D is a great way to encourage innovation.
- andy_ppp 4y agoThis is the same argument that giving money to rich people makes the poor wealthier. There’s no evidence of more innovation in larger companies and in fact very often rent seeking causes these big bloated companies to not take risks or generate new opportunities.
- refurb 4y agoThere is a very good reason it was Pfizer who brought the covid vaccine to market first. Decades of experience, thousands of employees who are experts in their own area and the capital to move fast.