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Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction -- Ignore unavailable to you. Want to Upgrade?


To: Solon who wrote (40141)9/12/2005 1:50:39 AM
From: Peter Dierks  Read Replies (1) | Respond to of 90947
 
"There are hundreds of drug companies in the world. They do their own R&D. Most of them are NOT in the U.S. So I am not sure what you are speaking to..."

It is probably reasonable to assume that most countries let their home grown drug companies extract a portion of their R&D costs from local consumers. It is truthful to say that most are barred from collecting them from other first world countries with the exception of America.

Yes there are great drug companies in other countries. Even I am not so arrogant to think that America has the corner on innovation.

Aside: In the US, it takes so long to get drug to market that frequently there are only a couple of years left on the US patent by the time it is available. It compresses the window of opportunity to recover R&D costs.

The rambling bit about my prediction would probably have been best labeled as an aside also.