3 ms·
If it would be such a big problem for Big Pharma they would stop selling drugs in NZ. Just to set an example for other countries if not for anything else.
by taki1 11y ago
If it would be such a big problem for Big Pharma they would stop selling drugs in NZ. Just to set an example for other countries if not for anything else.
- jessriedel 11y ago"Big Pharma" isn't a monolithic entity with greater coordination powers than New Zealand. (The very largest pharmaceutical company, Johnson & Johnson, has $70B in revenue compared to NZ's $180B GDP.) Furthermore, NZ can make a credible commitment to act irrationally for a long time through the democratic process, while individual pharmaceutical companies are driven by shareholders to maximize profits with a time horizon set by interest rates.