• halcyoncmdr@lemmy.world
    link
    fedilink
    English
    arrow-up
    177
    arrow-down
    1
    ·
    1 year ago

    These drugs were developed with public funds and yet are sold at outrageous pricing.

    If the pharma industry was at all reasonable about their pricing, this wouldn’t be a consideration at all.

    If you take public funds, you can’t charge exorbitant amounts. Seems an easy trade-off decision for them to make.

    • oDDmON@lemmy.world
      link
      fedilink
      arrow-up
      54
      arrow-down
      1
      ·
      1 year ago

      ^ This. R&D in PharmaWorld means mergers and acquisitions; the real moneymakers they scrape from public research, tweak and then charge for.

    • CaptainSpaceman@lemmy.world
      link
      fedilink
      arrow-up
      24
      ·
      1 year ago

      If you take public funds, you can’t charge exorbitant amounts. Seems an easy trade-off decision for them to make.

      Damn I wish that were true. Telecoms got like $4bn decades ago to upgrade American infra…

      • halcyoncmdr@lemmy.world
        link
        fedilink
        English
        arrow-up
        10
        ·
        1 year ago

        Not only then, they’re allowed to recoup deployment costs as separate surcharges, not part of plan costs, and they’re still charging for infrastructure they already completed decades ago.

        • Serinus@lemmy.world
          link
          fedilink
          arrow-up
          2
          ·
          1 year ago

          Add about 15% to the sticker price of any cell phone plan because of taxes and those fees.