Two-thirds of all new drugs are developed in the United States. Why? Because there’s money in it.
As if that were a bad thing.
Most people don’t expect GM or Ford to sell cars at a loss (unless they’re EVs). Or a roofer to put a new roof on their house for free. Or the fridge to be filled up with food — that just sort of appears.
It’s understood that making money is what makes it possible for GM and Ford to make cars. And for homes to have roofs that don’t leak. To have good food to eat. The profit motive isn’t evil. It’s essential. Take it away and what you get is … what you aren’t going to get.
Including life-saving drugs.
Because why would anyone invest in developing them if they know ahead of time that the investment will never be recovered?
Would you get out of bed every morning to go to work if you knew ahead of time they weren’t going to pay you at the end of the week? With drugs, the profit motive is seen as cretinous because the cost of some drugs is very high. This is absolutely true. It’s easy for this reason to demonize the drug manufacturers because there are people who badly need these drugs. On a human level, everyone wants people who are sick and in need to have what they need.
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