I would be very interested in seeing your data. Especially with specifying which are the really new drugs which were not mere minor modifications designed to keep patents recent.
Also how many of these drugs are developed without government funding? Curious minds want to know.
because they can still make a profit here instead of donating their revenue to the nanny states you are so enamored with.
Could you explain why the socialist Sweden was and is a leading center of medical and dental advances?
Almost every major drug company has located their R&D headquarters in the US except for those in England. England doesn't have the tax issues the others do. This occurs because drug companies located in the US can plow their profits back into R&D instead of allowing government to steal it all for their wealth redistribution schemes. They also locate here because we have the best healthcare system in the world along with the best university system in the world. The drug companies like sharing risk and technology with higher education, our doctors and our hospitals.
Especially with specifying which are the really new drugs which were not mere minor modifications designed to keep patents recent.
Damn those drug companies for trying to make their R&D investment back after the FDA sits on their approval for 10 years. It is not unusual for a new drug to have less than half its patent protection remaining once it is finally released. Those who think duty to the state drives discovery really wouldn't care if the big bad drug companies recoup their investments.
Look at the last issue of Forbes. In it you'll learn that hospital-bred infections will kill more than 100,000 Americans this year. That's more than breast cancer and AIDS combined. Drug resistant bugs represent the most immediate and important challenge we face in healthcare. By reading this article, you'd also discover that many of the most promising antibiotics are reformulations of existing drugs. A cynic would dismiss what the drug companies do as nothing more than an attempt to protect patents and profits. In some cases that is true. Scientists understand though that science learns as it progresses. In many cases products are made better by reformulating them. Nexium and Prilosec is a good example.
Also how many of these drugs are developed without government funding?
I know you know how to Google so I will not do your work for you. Suffice it to say that government spending on R&D is hefty but pales in comparison to private funding. The better question is which method is better for discovering new drugs. Who do you think is better at allocating resources to create products demanded by consumers, government or private industry?
Curious minds want to know.
ROFL! That's so disingenuous it's funny.
Could you explain why the socialist Sweden was and is a leading center of medical and dental advances?
Where do the Swedish companies locate their R&D? Does R&D in Sweden receive tax incentives? How much of R&D investment is made by private enterprise vs. what is funded by the state? How do Swedish companies compare to the rest of the world when it comes to these advances? How are these medical and dental advances related to pharmaceuticals? Inquiring minds want to know.