07-10-2017, 06:01 PM
(07-10-2017, 05:57 PM)BenZoo2 Wrote: Except that FDA is pushing generics to the market faster. For a drug company the patent starts as soon the drug is designed, not when it's launched. That puts pressure on the maker to recover the costs and find the next thing to develop
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Right, they get 12 years of market exclusivity on average where they are legally allowed to price gouge on life saving products, but not everywhere only in the U.S. . I think your missing the point. If they need to recoup all that money, why do drugs cost x percent more in the U.S. ? They will blame regulators but many believe it is because they can get away with it. In other countries, especially those that use state based healthcare systems, they are called out on it and price them more reasonably.
