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by rossenberg79 2599 days ago
> The US public has been subsidizing pharmaceutical research for the entire world with these inflated prices and hopefully that changes soon.

This is what some people refuse to acknowledge when they mock the US for having such high prices. If US prices drop over night to match RoW pharma companies are not just going to go quietly into that good night, there will be consequences. Most likely, a lowering of US prices will result in a rise everywhere else, so enjoy your low prices while they last. It’s time for Americans to put America first.

1 comments

Is this really true? Is there any proof that companies don't or can't make a profit at European & Canadian prices. US prices are much higher because companies are allowed to charge more.

https://www.healthaffairs.org/do/10.1377/hblog20170602.06037...

Research in pharma is expensive, you can easily spend billions and have nothing to show for it. Where else do you think all that money comes from?
Is anybody forcing them to sell in Europe? If it's not profitable I would assume they wouldn't sell there.