3 ms·
What about poor countries? If a drug company had to sell drugs for the same price in the US and a country like Sudan, the result would almost certainly be raisi
by tzs 2y ago
What about poor countries? If a drug company had to sell drugs for the same price in the US and a country like Sudan, the result would almost certainly be raising the price in Sudan up to US prices rather than lowering the price in the US to Sudan prices.
That would put the drug out of reach of most of the people in those poor countries.
- ein0p 2y agoThey can do what India and some other countries do, and legislatively ignore pharmaceutical patents when it comes to public health if drug is deemed unaffordable.
- mminer237 2y agoI mean, I don't think you're enforcing patent law in South Sudan regardless, but they're also just not capable of manufacturing such drugs. To get a trustworthy drug, they pretty much have to buy it from the patent-holder. India, China, and maybe Brazil are about the only exceptions. Theoretically, I guess you could say we just expect the third-world to rely on black market medicine from India, but uh, that has some risks involved.
- monocasa 2y agoIs it really the black market? It just sounds like it's sourced from somewhere else like any generic would be. IMO the state should be able to take away monopolies just as easily as it passes them out in the first place.
- ZooCow 2y agoThey could benchmark the price against comparable countries/regions. Pay no more than, say, 110% of the average cost of the drug in Europe.