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> Most shortages involve low-cost, off-patent generic drugs, which have profit margins that are razor-thin to non-existent. Drug manufacturing, and people's he
by wolverine876 3y ago
> Most shortages involve low-cost, off-patent generic drugs, which have profit margins that are razor-thin to non-existent.
Drug manufacturing, and people's health, should not depend on profit margins. The free market is great for many things, but not those things which cannot go bankrupt and fail.
- A_D_E_P_T 3y agoThis has nothing whatsoever to do with the "free market." It's quite the opposite, really. It's a story about a US regulatory body foolishly regulating a foreign manufacturer into hiatus. It's not about pricing, or logistics, or tariffs -- it's about a foreign manufacturer of a critical good being unwilling and unable to comply with the US's regulatory burden. (Which was poorly thought out from the outset.) The drug market is possibly the least "free" market in America, and for this reason, among others, it's the most dysfunctional.
- wolverine876 3y agoThe article presents many reasons why the manufacturer was a danger to health. What do you think of those reasons? The free market includes regulation. I especially want medicines regulated! What specifically is overly burdensome about these regulations? Try just sticking to the facts and reason. The exaggerated language is the opposite of convincing - it tells me someone is just engaged in an Internet rant.