Are you saying manufacturers shouldn’t be free to develop the price structures as they see fit from nation to nation?The only problem with that is the government interferes with the system to protect the drug companies from competition. Now we have a system where Americans subsidize pharmaceuticals for the rest of the world. Not all of these other countries are poor. While blaming Canada is popular they are hardly in need of our charity.
I think the drug companies do a wonderful job at creating breakthrough medicines. Patent protection has its place. But the system is screwed up. Real capitalistic competition would do wonders for the market. And we already give foreign aid to poor countries.
Honestly, I’m not sure what the thinking is behind the price differential. It could be that Canada only allows a percentage over cost. Other than that, I have no clue. IMO, manufacturers should be able to charge what the market will bear. That’s how all other business works.
As for the government, I wish it would get it sticky fingers out of it and shut up.
I realize foreign nations get aid, but the guy on the street probably doesn’t see much if any of it.
This is an issue where both sides can make some pretty good arguements. I’ll acknowledge that.