No. The FDA drives up the cost of R&D by political fiat. Also, the federal government pulls all the strings because the government is heavily involved in providing funding for testing and research.The short short version? Lack of a free market.
Let me simplify it for you in two words: Big. Pharma.
They have the government in their pockets and have been successfully keeping out the small man for decades. There is no profit in cures, there is LOTS of profit in treatment for cures and even more profit in making up new diseases...as they currently do now.
The Drugging Of America baby...gotta love Capitalism on Steroids!
if the federal government would simply regulate to insure drug safety instead of having it's fingers in the pie, the drug industry could get it's job done much cheaper.
Now, some will argue that why a particular drug is sold for x in Uganda while Americans pay Y, is pretty simple. The price to Ugandans is heavily subsidized by other agencies.
If anyone is thinking government price fixing, watch out. You'll see how the research and introduction of new pharmaceuticals grinds to a screeching halt.
It is not capitalism that creates the expense. Rather it is government interference with the marketplace that creates the high cost.
What does any of that have to do with over prescribing of all drugs by doctors, kickbacks to doctors and a nation addicted to prescription dope?
How does a governmet that just passed a Gramps and Granny DOPE Act do any of that? We pay 60% of all prescription drugs NOW as taxpayers.
Over half the drugs Americans take are not even needed. My mother is 88 and takes no prescription dope. I am 56 and take no drugs. Guess why we are healthy?
We are a nation addicted to drugs. It is epidemic and the drug companies planned it all 40 years ago.