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To: Truthoverpower

RE: Let me guess it only cost $1000 per dose

And you have to go to your medical establishment and have them carefully supervisor in charge for all that

__________________________

Here are my thoughts on how to make newly discovered “cures” or vaccines low cost...

We know that a significant factor in the cost of an approved drug is the PHASES of testing one has to go through before a final government approval is given to for everyone.

This PHASED testing could cost a company hundreds of millions of dollars and YEARS before they can produce it. In the meantime, they are taking a risk that it might fail the test ( and thus throw money down the drain ) and rely on the good graces of risk taking investors.

So, when a drug finally gets approval and mass marketed, it WILL cost a lot because the company has to recoup the cost of testing for their investors.

So, what to do?

My proposal is this — if a test fails in any phase, the company has to ABSORB the loss as they do now. Tough duck.

However, since the government regulation *IS* the main cause of the cost, a law has to be passed that says:

IF A DRUG IS APPROVED FOR MASS USE AFTER SIGNIFICANT GOVERNMENT MANDATED TESTING, THE GOVERNMENT SHALL REIMBURSE THE COMPANY, THE COST OF TESTING.

This will significantly lower the cost of the drug.


14 posted on 03/16/2020 9:58:48 AM PDT by SeekAndFind (look at Michigan, it will)
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To: SeekAndFind

Nope, your approach will just make the companies fake the positive results.


15 posted on 03/16/2020 10:02:41 AM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change with out notice.)
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