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To: BlackAdderess
lax intellectual property laws in the rest of the world have set up the situation that we are subsidizing the rest of the world’s healthcare and driving its innovations.

That was the case a few years ago before Obamacare destroyed contract research in this country. I worked at a contract lab during the 2008 election and we could chart our business based on the Presidential polls -- Mccain up, business volume up: Obama up, Business volume down.

The act of the matter is that medical research is a venture capital dependent industry and there are very few investors that want to risk half a billion in R&D for a small startup firm with one promising compound if they had no assurance that NHS would approve it for use in their programs.

In essence our research was subsidizing the rest of the world because we had a free market with no NHS. Now Pharma companies are building huge campuses in China and Europe to gain access to their NHS systems and our research industry has been gutted.

21 posted on 07/01/2015 8:24:40 AM PDT by Cowman (As Jerry Williams used to say --- When comes the revolution....)
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To: Cowman

So basically they want to make a go elsewhere, but at the same time want American style protections? Basically to go over the heads of their host countries governments and tell them what to do?


23 posted on 07/01/2015 8:37:14 AM PDT by BlackAdderess ("Give me a but a firm spot on which to stand, and I shall move the earth". --Archimedes)
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