[lit-ideas] Re: vicious budget cuts

>>This works fine as long as there are people who will pay far more to subsidize the cost of the drug. Surely those people wouldn't complain.


Yet Americans, for example, aren't subsidizing the cost of the Brazilian drugs. Rather they are paying to increase the pharmas' stock prices and (supposedly) helping to fund R&D for new drugs. The drugs the Brazilian government licenses are purchased above the cost of manufacture.

Pharmas just gouge here because they can get away with it. We're all indoctrinated with the "private enterprise does everything more efficiently" line and can tolerate no exceptions.

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