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this post was submitted on 27 Sep 2025
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As always Trump completely misunderstands the situation. Yes there’s a point in how exepnsive drugs are in the us, especially relative to other countries. But whether it’s manufactured in the us has almost nothing to do with it.
The problem is recovering all the development costs from American patients, and more recently just charging what they think the market will bear. We have to fix the complex maze of healthcare and all the levels of profiteering, we have to fix how development costs can be recovered and most of all we need to fix charging what the market will bear. Has everyone already forgotten the outcry over insulin a few years ago. A ceo who should be in jail decided to start charging ten or twenty times the cost, because he could, because us patients are a captive market. Then got away with saying “some of you can use these coupons….”. There’s definitely a point where exploitive business practices have crossed the line and should be considered criminal acts
Drug development in trials costs $120-200M. Upon approval, Pharma expects $15B +.
They have proven they would rather a drug not save lives than offer lower profits.
if a product can be sold at 10 times the profit to one fifth the people only an idiot would not rase prices ten fold
A hell of a lot of that is funded by tax payers. They don't need to recoup money, they need to give the tax payers what they already paid for.