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how can USA make EU pay their fair share for drugs? They seem to be getting a free ride atm.
by apwell23 1y ago
how can USA make EU pay their fair share for drugs? They seem to be getting a free ride atm.
- ceejayoz 1y agoAre they getting a free ride, or are they getting a reasonably cost ride while we get hosed by corporations?
- apwell23 1y ago> If you start a pharmaceutical startup anywhere on earth, your business model is "sell to America". There is no other market. what should these 'corporations' do instead?
- ceejayoz 1y agoYes, startups tend to be corporations. And really, the model is "sell the startup to American corporations, who then milk Americans". Pfizer bought BioNTech's (Turkish/German) mRNA tech, for example. Insulin's price skyrocketed, despite being a hundred years old. It didn't get harder to make, distribute, sell. They just wanted more. Or Shkreli's purchase of Daraprim (https://www.bbc.com/news/business-34917918 https://www.bbc.com/news/business-34917918), a ~70 year old drug. They hiked the price from $13.50/pill to $750/pill. Did it get 55x harder to make suddenly? Of course not. It still costs $1/pill to make.
- apwell23 1y ago> And really, the model is Thats not the model. You've made this about something completely different that i am not particularly interested in discussing atm. later.
- piva00 1y agoFair share? Why don't you focus on understanding why you pay so much, where the money goes, and other aspects that allow companies to absolutely fleece you? After the data collection you can figure out how you are being exploited. You are being abused, fight that, not trying to force others to patch up the abuse you suffer, we have done the work to not be abused through political will, don't try to fuck with that because you got fucked.
- apwell23 1y ago> Why don't you focus on understanding why you pay so much, where the money goes, and other aspects that allow companies to absolutely fleece you? hope you didn't you invest all your life savings into pharma startups .
- justonceokay 1y agoDrag them into the pit with us!
- s_dev 1y agoEU manufactures said drugs. Nobody is getting a free ride, Americans are getting shafted by American companies.