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All meds are. The US has to pay top dollar to subsidize the worlds drugs.
by Eumenes 2y ago
All meds are. The US has to pay top dollar to subsidize the worlds drugs.
- mrguyorama 2y agoIt does not have to. It chooses to pay higher prices to """subsidize""" the research that is already paid for by my tax dollars, and to help pay for """development""" that amounts to changing a drug from a mixture of both chiral versions to just the biologically active chiral compound, which somehow justifies another 25 years of monopoly for the exact same chemical. They could barely be bothered to change the name because they didn't want to lose brand mindshare.
- tredre3 2y agoThe vast majority of drugs have a positive ROI after two years on the market. Almost all drugs currently on the market are older than two years. And yet, prices are still much higher in America than elsewhere. Therefore I posit that greed is the motivator, not ROI. Don't fall for the propaganda.
- mft_ 2y agoYou're right that drugs are generally more expensive in the US, but it's not because "the US has to pay top dollar to subsidize the world's drugs". It's simply that companies charge more in the US because they can. And the reason they can is that the US hasn't got its sh*t together to stop the drug companies from doing this. For this, blame your political system and the power that money has to influence your politicians and set policy.
- Eumenes 2y agoIndeed, the US needs some good ol' fashion protectionism