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Pastimes : Canadian Prescription Drugs -- Ignore unavailable to you. Want to Upgrade?


To: donpat who wrote (5)9/27/2015 12:03:02 PM
From: PaperProphet  Read Replies (1) | Respond to of 16
 
I definitely see your argument from a 'fairness' and humanitarian perspective, but if there was no profit motive then nobody would develop any drugs. Likewise, if the profit was dependent based on a price which a government dictates after a drug is developed, there would be no transparency into how much a company would make if successful. It's hard to make an investment case for a company where the government will determine your profits if your company is successful.

I'm not discounting your angle--it sucks to have people choose between buying food and buying the prescription drugs they need...but if the profit wasn't there, no investors would put in money for research and development. Then people would always choose food because the drugs they need wouldn't exist and therefore wouldn't be available at any price.

The good thing is that after a drug company's patent expires, the drug becomes generic and cheap for everyone forever.