The COVID vaccine is such a great example too, because the US government negotiated it's price as part of getting it regulated and distributed, just like other countries do for all sorts of medicine.
The US admin negotiated them down to $20 a dose IIRC. Billions of dollars to just do scale manufacturing of a drug someone else slaved over, invented, stood behind for a decade while nobody else cared, and quickly utilized to deal with a novel virus that seemed to evade normal vaccine strategies.
$20 ain't nothing, but in our terrible system, it's almost a bargain.
And the shareholders of the Pharma company involved were fucking incensed that they didn't get more money.
They are ghouls.
But no, lets keep insisting that the US government couldn't negotiate prices for drugs to save Americans a significant chunk of change despite the fact we have a recent and obvious example of them doing a good job of it. Let's keep insisting that Democrats are in bed with Pharma and profit off our costs even though it was republicans who banned import of cheap drugs from Canada and republicans who refuse to allow Medicaid to negotiate meaningfully.
Pharma companies are public. You can see how much they spend on R&D. The claim is false.
The US admin negotiated them down to $20 a dose IIRC. Billions of dollars to just do scale manufacturing of a drug someone else slaved over, invented, stood behind for a decade while nobody else cared, and quickly utilized to deal with a novel virus that seemed to evade normal vaccine strategies.
$20 ain't nothing, but in our terrible system, it's almost a bargain.
And the shareholders of the Pharma company involved were fucking incensed that they didn't get more money.
They are ghouls.
But no, lets keep insisting that the US government couldn't negotiate prices for drugs to save Americans a significant chunk of change despite the fact we have a recent and obvious example of them doing a good job of it. Let's keep insisting that Democrats are in bed with Pharma and profit off our costs even though it was republicans who banned import of cheap drugs from Canada and republicans who refuse to allow Medicaid to negotiate meaningfully.
Pharma companies are public. You can see how much they spend on R&D. The claim is false.