Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: pnh102

Well, what’s wrong is that the US has (or had) free market policies in place that encourage drug companies to spend billions on discovering new drugs and getting a return on the market.

Canada does NOTHING to contribute to drug innovation, but they parasitize upon US companies and set an artificially low price by government fiat.

If Canada is allowed to step in and wreck the drug market in the US, it will drive the few remaining innovators out of business.

I’m not a fan of the drug companies. But what we have is one of the few places in the world where innovation still takes place, and it’s market driven.

Hillary killed the flu vaccine business in this country by forcing cheap sales to kids. Now we have to hope other countries can make enough vaccine to get us through an emergency. The same thing could happen across the board.

How much medical innovation do you have even in Europe, which is filled with bright people?


5 posted on 03/04/2009 10:38:44 AM PST by Cicero (Marcus Tullius)
[ Post Reply | Private Reply | To 3 | View Replies ]


To: Cicero

Bingo!

I began typing a lengthy post, but you nailed it.

Kudos.


7 posted on 03/04/2009 10:42:49 AM PST by SJSAMPLE
[ Post Reply | Private Reply | To 5 | View Replies ]

To: Cicero
Bullseye! The higher prices in the U.S. drive the R&D that brings new drugs to the market. Absent that economic input, the R&D would dry up. The Europeans and Canadians are happy to snap up the fruits of our labor (both research and the folks who paid the higher prices for the research) and sell it at a discount. Why not? They never shouldered the expense to develop the new products. They have no costs of research, development and approval to amortize. If the market is cut out from under the R&D community, they will stop doing R&D. The motive is profit. The beneficiaries are people who need treatment. Both parties are damaged by the imports.
11 posted on 03/04/2009 10:46:25 AM PST by Myrddin
[ Post Reply | Private Reply | To 5 | View Replies ]

To: Cicero
Canada does NOTHING to contribute to drug innovation, but they parasitize upon US companies and set an artificially low price by government fiat.

So, don't sell it to them.

16 posted on 03/04/2009 11:12:41 AM PST by Age of Reason
[ Post Reply | Private Reply | To 5 | View Replies ]

To: Cicero

Well folks....get used to this type of nonsense...as in that wonderous phrase...one world order....isn’t it going to be just LOVELY...sarcasm...


31 posted on 03/04/2009 1:56:26 PM PST by Molly T.
[ Post Reply | Private Reply | To 5 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson