3 ms·
The US government does most of the hard work on medicine. Pharma takes over from there. It's quite literally privatizing the successes and tax payer funded fail
by deprecative 2y ago
The US government does most of the hard work on medicine. Pharma takes over from there. It's quite literally privatizing the successes and tax payer funded failures.
- lotsofpulp 2y agoIf that was true, then it should be a slam dunk for a party to win elections on reducing the cost of medicine by obviating pharmaceutical companies, the businesses with the highest or second highest profit margin in the healthcare delivery chain. I assume healthcare software (like Epic) perhaps has higher profit margins. However, I suspect the reality is that the clinical trials cost a ton of money and politicians don’t want to be associated with the failures.
- r00fus 2y agoYou don't think that Pharma and Insurance aren't paying off both sides? That's rule number 1 in lobbying - you work both sides.