[octover]

Here is an anecdote from an expat American here living in Sweden. I require immunoglobulin as my body doesn't produce it naturally like it should. In Sweden I'm on a subcutaneous treatment that greatly improves my quality of life. I can take and do the drugs myself without having to at least get an IV line started like in the US. The subcutaneous treatments are starting in America, but slowly and not as widely as they are relied in Sweden. The benefits are increased independence for patients, safer since it is absorbed through the fat instead of straight into the blood stream, and perhaps most importantly it costs less than half of the IV treatment. This subcutaneous treatment was pioneered, tested and deployed in Europe.

That pharmaceuticals in the US are going to stop R&D is BS. I bet there are many 'hacker' scientists that would happily keep doing their job as long as someone employees them. So maybe it won't be Wall St. but there is still money in it, job satisfaction and they aren't going to trade in their lab coats for McDonald's uniforms. Look at stem cell research, private companies could still fund it all they wanted, but once the federal government's teat was shut off research died. Public healthcare wouldn't diminish the government's interest in funding research. Sweden still has many notable things in the field of medical research, and all from a country with a GDP roughly that of North Carolina.