3 ms·
> If the US also implemented price controls, companies would have little incentive to fund the development of new drugs. Your comment is correct except this se
by chimeracoder 3y ago
> If the US also implemented price controls, companies would have little incentive to fund the development of new drugs.
Your comment is correct except this sentence. In reality, if the US implemented price controls, it would simply reduce the negotiating power of European countries. Prices in the US would go down, and prices elsewhere would increase. The pharmaceutical profits would decrease on net, but there would still be plenty of incentive for R&D (much of which is already derisked by the massive amounts of public money spent on it with zero expectation of return).
- iopq 3y agoPharma is a terrible investment, they spend all money on R&D and acquisitions of firms that completed trials successfully I don't know why people rail against Pharma when healthcare like hospitals have huge returns on investment in comparison. https://www.morningstar.com/etfs/arcx/xph/performance https://www.morningstar.com/etfs/arcx/xph/performance look how much pharma index trails healthcare
- Nasrudith 3y agoWhatever is the least "cozy" rhetorically, that is associated with good feelings, mother and apple pie style bullcrap, gets to be the designated scapegoat.