Imagine a drug which, with no side effects, boosts IQ 10 points. Should it be a) Banned b) Sold c) Made freely available on NHS d) Put in the public water supply? Now, instead of a drug, ask analogous questions of an IQ-boosting gene which could be inserted in zygote genomes.
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You do understand that if you eliminate a subsidy in one country, then everything gets more expensive for everyone else, right?
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I might have understood .....but I didn't get the damn drug!
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Nope. That's only true if those companies are operating at the verge of bankrupcy. As long as they are operating above the value of money, they have options, i.e.: reduce net profit margins.
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Thank God America subsidizes saline costs for the rest of the world ($500 vs $1).
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Yes, good. Let's stop subsidizing everyone else.
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It might be interesting to look at medicines which are licensed in Europe and UK but not in USA. Although the ones i know of are now generics.
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The only thing that Americans are subsidizing in drug development is big profits from the needy.
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Dude, do pharmas just gift drugs to the NHS for free? Coz I’m pretty sure we spend billions each year running it.
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No, that means that shareholders, executives and big pharma corpirations are to be held accountable, too. You can’t just offload additional costs on the public and government. Business 101 in balanced economies.
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