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Socialized systems are subsidized by the US drug companies. Corporations pour billions of dollars into r&d and other countries end up making cheap generics of
by jazz9k 2y ago
Socialized systems are subsidized by the US drug companies. Corporations pour billions of dollars into r&d and other countries end up making cheap generics of the final product, without having to do any of the research.
US Healthcare is expensive, but the quality is better than most other countries.
- piva00 2y ago> Socialized systems are subsidized by the US drug companies. Corporations pour billions of dollars into r&d and other countries end up making cheap generics of the final product, without having to do any of the research. The American pharma companies also don't do the research, a lot of it comes from scientific institutions funded by public money. What pharma companies do is provide capital for drug trials which are absurdly expensive, they are more alike investment companies than actual research institutes...
- forgetfreeman 2y agoFun Fact: most large pharma companies spend more on marketing than R&D.