Re:A Billionaire Pledges to Fight High Drug Prices, and the ...
by HarryHirsch on Sunday October 21, 2018 @05:33PM
(#18270425)
Come on, the big companies are multinationals, and not all of them do all research stateside. Novartis are Swiss, GSK are British, Merck KGA are German, Novo Nordisk are Danish, Takeda are Japanese &c pp. The Yanks overpay terribly for healthcare, that's true.
Re:A Billionaire Pledges to Fight High Drug Prices, and the ...
by nostromo on Sunday October 21, 2018 @05:37PM
(#18270445)
It doesn't matter where they do research, it matters where they sell their drugs.
And all of those countries make more revenue selling to the US than they do any other country by a long shot.
Re:A Billionaire Pledges to Fight High Drug Prices, and the ...
by wonderwonder on Sunday October 21, 2018 @09:18PM
(#18271435)
Of course they do. But that's not the fault of the other countries, its because US politicians allow the pharmaceutical and health care industry to get away with it. The fix is not to force others to pay the same high price for life saving medication; the solution is to bring the costs down for all. But in the US we allow corporations and lobbyists to control the narrative and people actually think its ok to force someone to choose between being able to afford their medication or food.
Re:A Billionaire Pledges to Fight High Drug Prices, and the ...
by zaphar on Monday October 22, 2018 @08:59AM
(#18274233)
While I probably agree with your thesis, you have not actually addressed GP's assertion that the US subsidizes Drug Research. There is no question that we pay more for drugs than others. There is also no question that it is better for the consumer if we have cheaper drugs.
What you haven't answered is whether the research can be supported without the American market subsidizing of that research.
It is in fact, expensive to develop new drugs and something has to pay for that development.
Re:A Billionaire Pledges to Fight High Drug Prices, and the ...
by maxxxxx on Sunday October 21, 2018 @05:32PM
(#18270418)
I think this is very self-serving propaganda by the American healthcare system. And even if it's true let's fix this by charging less in the US and see what happens to the rest of the world. .
Re:A Billionaire Pledges to Fight High Drug Prices, and the ...
by FeepingCreature on Sunday October 21, 2018 @06:39PM
(#18270768)
As a European, I agree.
Re:A Billionaire Pledges to Fight High Drug Prices, and the ...
by DoreenMichele on Sunday October 21, 2018 @06:42PM
(#18270787)
Americans pay out the nose for all medical care, not just drugs. So I doubt your assertion really holds water.
If the world wants and needs better drugs, there are other ways to fund research. If we give a damn, we can find such solutions.
Re:A Billionaire Pledges to Fight High Drug Prices, and the ...
by enraged_camel on Sunday October 21, 2018 @05:35PM
(#18270436)
>>European countries are free riders on the American healthcare system.
Citation needed.
Americans pay out the nose for drug prescriptions, which fund the vast majority of research and development budgets, which then benefit all people, worldwide.