Re:The Same Pill That Costs $1,000 in America Sells for $4 i...
by aravindet on Wednesday December 30, 2015 @01:12AM
(#10811001)
This is the correlation-causation confusion again. Some countries have big pharma companies, others don't. Big pharma companies can spend more on research as well as on lobbying to maintain over-the-top “IP” protections.
The flaw in your reasoning is seeing the presence or absence of IP protection as an independent variable, and level of R&D as a function of that. I think both are dependent on the amount of cash pharma companies have to spend.
The flaw in your reasoning is seeing the presence or absence of IP protection as an independent variable, and level of R&D as a function of that. I think both are dependent on the amount of cash pharma companies have to spend.