Quote:
Originally posted by onetime2
Interesting how healthcare costs get boiled down to big Pharma so fast.
The realities of the pharmaceutical industry are a bit different than you all seem to think. First and foremost is the cost of developing, getting approval for, and marketing the drugs are enormous, then throw in the liability that goes along with their production and the inevitable lawsuits when they're used, add to that the countless countries who put price caps on the drugs and what you've got is a recipe for a market where very potential drugs will be pursued and brought to fruition.
As it stands, the US market is subsidizing the Canadian and European drug markets because it's one of the few major markets that doesn't impose price controls. Should the US go that route, you will see a whole lot fewer new drugs coming out into any market.
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Actually, that is not true.
The reality is that the big phramas spend more advertising their products than they do inventing them and getting FDA approval.
As far as "new drugs" go, the big pharmas aren't interested in coming up for a cure or a vaccine for anything. They only want to sell you treatments. They want you to take a beaker of pills for the rest of your socalled life.
Back in the 40's and 50's when the government ran research programs at the Universities, they discovered antibiotics like penicilin, and vaccines for mumps, small pox, leperasy, and polio.
Please list any vaccine discovered by the big pharmas in the last 20 years that I would say, "wow, thank god for the big pharmaceutical companies"
You won't be able to.