You bunch of dumb asses. Drug prices are cheap in other countries because America subsidizes the upfront cost of developing/testing new drugs. We do this because we are the only country wealthy enough to do it. So go ahead you stupid morons wipe out the drug companies then the poor in other countries will DIE because they can't afford the medications.
God you people are stupid. Avoid voting or operating an ice maker okay.
No they're not. Most of the drugs are being developed in Germany, Japan, and Europe and patented in the US. The development costs are being subsidized by their home governments. Only 36% of new drug patents are granted to American based companies. Americans buy 40% of all prescription drugs so that figure is in line with consumption.
US Pharmaceutical Innovation in an International Context
Before calling somone stupid, it might behove you to fact check before proving to the rest of us that you're a useless **** who doesn't know his ass from a hole in the ground.
Insulin is a drug that is double the price in the USA to what it is in Canada. The patent for insulin was granted to Dr. Frederick Banting - a Canadian. The R&D was paid for by Banting and Best, in Canada. Banting donated the patent to the world. All of the R&D costs were paid in Canada
Move to Canada
I don't have to. I've lived here all of my life. I also don't have diabetes, but I have family and friends on both sides of the border who do and I know the costs.
If the Canadian system is so good, why does your Canadian Premier come to the USA for heart surgery?
Canadian Premier to come U.S. for heart surgery
This really was a huge scandal in Canada
He said that if he had had the surgery at home, he would have been accused of "jumping the line", because his was an urgent case and he would have had zero wait time, at a time when wait times were at crisis points. People would have claimed he didn't have to wait because he was rich and important. And he's right. They would have said that.
We have a "triage" system here. The Premier was sick enough that he needed to have the surgery yesterday. There would be no wait at all. So he opted to go to the USA and pay for it out of his own pocket. No one could claim abuse of power when he had heart surgery, even though he knew that he would be slammed for running from care in Canada.
He felt that being accused of snubbing Canadian health care was the lesser of two evils.
ETA: I used to have life threatening asthma. I went to hospital in extreme breathing distress once or twice a week in summer during those years. When the nurses saw me come in the door, they would take me immediately and leave everyone else in the waiting room who had been sitting there for hours. My husband completed my admitting papers. I couldn't talk anyway. If you can't breathe, you can't talk either..
If you have to wait - it's a good thing. It means you're not going to die. Triage.