The government is the worst tool for this job, because they would need to hire external experts to assess which disease should be studied, and those experts would be already in bed with the industry for a long time. You would just be diverting tax-payer money in a different way.
There's no need to "hire external experts". They could have their own pool.
So it's not unsurmountable, just badly done...
Even so,
https://www.iam-media.com/article/switzerland-once-again-nam....
This is true to some extent (not all drugs approved require more than just superiority vs placebo), but that reads like throwing the baby out with the water. There's a ton of great drugs developed every year that are clearly very innovative in terms of mode of action, and by far and large those come from the US.