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by alexanderskates 1908 days ago
Given the cost of developing a single drug can be in the billions of dollars, what financial incentive is there for companies to spend so much on R&D and clinical development if there is no commercial exclusivity rights at the end of the pipeline? You could nationalise drug development but that is a lot of risk to burden the taxpayer with.
1 comments

What financial incentive is there for drug companies to ever cure anything when instead they can just develop drugs that alleviate symptoms, which you must then purchase in-perpetuity?
This is the best retort. I'm going to start using this, thanks.

The one I usually go with is "It actually costs $1T to develop a drug. $999B in basic research paid by US taxpayers and $1B in just enough frivolous novelty for the bigpharma company to get a patent racket going".