Healthcare always has this double-headed character of "Extortion" vs "Saving the World". Developing these medicines is incredibly risky and incredibly valueabl

Healthcare always has this double-headed character of "Extortion" vs "Saving the World". Developing these medicines is incredibly risky and incredibly valueable for society. Therefore it is very hard to argue with high prices when society is indeed making a profit (in its utility curve, not neccessarily in linear currency). The drug saves lives, and we would be willing to pay this price. But healthcare also is a responsibility for society, which means we do have to regulate prices to avoid the extortion character. Otherwise, in a hundred years, health care will "extort" 90% of the profit the rest of the economy makes, because almost every human prefers to live rather than die.