3 ms·
Where do you get this idea from? More than half of all major drug companies are based in Europe and Asia. https://en.wikipedia.org/wiki/List_of_largest_biomedi
by pcrh 2y ago
Where do you get this idea from? More than half of all major drug companies are based in Europe and Asia.
https://en.wikipedia.org/wiki/List_of_largest_biomedical_companies_by_revenue https://en.wikipedia.org/wiki/List_of_largest_biomedical_com...
- adamc 2y agoMaybe from the fact that half of all pharmaceutical revenues come from the US (and likely a much higher share of the profits). Single-payer systems are more cost-effective but definitely provide less revenue to pharmaceutical companies.
- jiggawatts 2y ago“We can overcharge patients” in no way leads to the logical conclusion that “more medicine is developed here.” It just means your pharma companies can get away with higher profit margins.
- hattmall 2y agoOk, I think your list, and the fact that HALF are in 1 Country VS the entire rest of the world qualifies my statement. As well Roche, ASZ, and GSK do the bulk of their research in the US. On top of that the largest outside of the US is China and there is very little trust of data coming from there in the Western World.