dmp
Well-known member
The whole drug cost issue ignores what I think is the elephant in the room, namely how high US drug prices, subsidize the rest of the world, where foreign governments mandate lower drug prices for their citizens. If the US did that too, there would be a lot less funding for R&D to create new drugs and the world's pipeline of new drugs would be even worse than it is now.
A complex issue. What I think is often conveniently absent the free market argument that you seem to be making, is that the companies are ENABLED to make money on their technology investments because of the strong US justice system and the legislated protection of IP by the patent system. The regulation machine of the FDA seems to favor the big corporate IP developers over generics possibly, as well. This system should balance for the overall good of the country. A business that has this IP protection and increases the cost 500% of a patented drug for a quick $$$ gain is obviously not doing good, imo.
Looking at the high cost of health care and the skyrocketing profits in the drug technology business, perhaps there is an imbalance (again, imo) - contrary to your argument.
The late great Tim Russert made his mark using past statements. A great loss too early.I really like the idea of using actual video clips