r/PoursTea • • 18h ago

PoliticalTea 🗳️ Bernie tried

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u/Cryllor 15h ago

Considering most drugs don’t cost nearly close to what they cost to make a simple league sanction would do the trick.

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u/m0bw0w 14h ago

As much as I support this action 100%, this is a pretty disingenuous argument and makes the stance against lowering drug costs look weak and not grounded in reality.

Drugs cost way more than the cost of manufacturing. R&D costs and the costs of the 95% of novel compounds that fail to yield any results are a massive expenditure that aren't factored into the "cost to make". While much of this is included in public spending because large amounts of R&D come from the public research sector, private research does spend a lot more money than just the cost it takes to make the drug once it's been discovered and approved.

The main problem is that we don't have any universal healthcare system that can use the entire population to negotiate with these companies and to order in massive bulk, like they do in Australia for example. We could also stand to copy their PBS that subsidizes the cost further for most patients.

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u/Tyler89558 12h ago

Do companies eat the entire cost of R&D?

no.

They get subsidies and grants from taxpayers. Not to mention the fact that a lot of the research is being done by universities and not the company.

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u/m0bw0w 12h ago

Did I say they did? I literally said that in my comment.

Why are so many people replying without reading what I said lol