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Alternatively they should ban drug marketing which eats up the lion's share of the budget, thereby reducing the cost of producing the drugs. Not to mention that
by melaby 13y ago
Alternatively they should ban drug marketing which eats up the lion's share of the budget, thereby reducing the cost of producing the drugs. Not to mention that there are other social factors such as imperialism that ended only 70 years ago. Indian firms should have huge R&D budgets and in order to get those budgets investors must see a potential return on their investments. In order for that to happen the Indian economy must grow and there should be more income with which Indians can pay for those drugs. In order for the economy to grow more money must be kept in the country and not allowed to be siphoned off by foreign companies. Indians have obviously benefited from foreign inventions, but then so have foreigners benefited from immigrants responsible for many of those inventions.
- icebraining 13y agoIndian firms should have huge R&D budgets and in order to get those budgets investors must see a potential return on their investments. (...) In order for the economy to grow more money must be kept in the country and not allowed to be siphoned off by foreign companies. How are you to attract foreign investment, if you limit the returns that leave the country?
- melaby 13y agoWith promises of greater returns in the future. It does not necessarily mean you take the money out of private hands, only that they can't take the money out of the country for a certain number of years or until certain economic benchmarks change.