"Socialized costs and privatized profits" Sounds like organized crime to me!
Alexandria Ocasio-Cortez: Big Pharma companies often say that drugs “need” to be expensive to fund research. What they don’t tell you is that they use publicly-funded research for expensive, privatized drugs. [twitter.com]
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Feel free to reply to any comment by clicking the "Reply" button.The costs are high because marketing costs are high. They don't research anything.
dokala
Level 7
Feb 1, 2019
0
? of course they research things. It takes many years and sometimes millions of dollars to develop drugs from conception to get to market, and goes through many layers of testing to get approval.
That said, advertising prescription drugs is seriously problematic and definitely inflates costs.
@A2Jennifer
Yes, after government grants have paid the bulk. At moat big pharma has to go through the arduous FDA process. Watch me faint becauae they have to bend over backwards.
@dokala I am not suggesting that they shouldn’t have to go through the process to demonstrate safety and efficacy
So I'm not the only one sceptical of pharmaceutical companies?
confidentrealm
Level 7
Feb 1, 2019
1
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