This is a great idea assuming you are happy staying with just the drugs that exist today and eliminating all future innovation and drug research.
This is a great idea assuming you are happy staying with just the drugs that exist today and eliminating all future innovation and drug research.
You’re assuming that the only way research can be funded is through obscene profiteering It’s the worst way possible as disincentivises making drugs that cure vs drugs that treat symptoms
For every new drug that is developed and turns out to be successful, there are many more that turn out to be unsuccessful, possibly after consuming many millions of $ in research costs. This kind of risk is one that is better for private investors, rather than the NHS, to shoulder.
You’ve just explained why tax payers fund the research
Why tax payers do fund pharmaceutical research or why they ought to fund it? And in either case, why do you think I have explained it?
Research *is* tax payer funded both in the U.K. and the US Nice of us to remove the risk from the pharma corps while also paying vastly inflated prices for drugs isn’t it? Neoliberal wet dream right there
How did my post explain that....?
How else would you suggest. Nationalise all pharmaceutical companies and fund their R&D budgets through the public purse? What additional tax burden do you expect that will create?
Currently research is conducted at universities, funded by govt and monetised by pharma Remember the Cambridge AstraZeneca vaccine? I’m merely suggesting that a better solution is not beyond the wit of man
I do remember. Who do you think funds a lot of the Cambridge labs used to produce that vaccine?
I’m not wasting my time with anymore of this nonsense There is no better way than the current model whereby tax payers fund the research that big pharma turns into obscene profits Happy now? Good
No biologics, biosimilars, or new chemotherapy treatments. That’s where the money is made in pharmacy. It’s definitely NOT in the selling or manufacture of generics.
How do you invent the generics in the first place?