Short rant because profit-motivated healthcare is one of my favorite topics.
A lot of drugs marketed by pharmaceutical companies literally used the governmentâs funded research. That means there happens to be a logical explanation in favor of free drugs: Taxpayers are funding much of this research, so we should receive actually affordable healthcare in return. Instead we end up paying much more for these government-developed drugs in the private sector, which really should piss off the âtaxation is theftâ people, but nope, theyâd rather congratulate the pharmaceutical industry.
Here is an example of what Iâm talking about, actually brought up in congress:
Gilead CEO Daniel OâDay faced scathing questions at a House hearing Thursday, with Democrats demanding answers on how the drug manufacturer could charge $1,700 a month for an HIV prevention drug discovered through taxpayer-funded research.
âHow can Gilead do this? How can our system allow a company to take a drug treatment that was developed with taxpayer funds and abuse its monopoly to charge such astronomical prices?â Oversight and Reform Chairman Elijah E. Cummings asked at the top of the hearing. âThis lifesaving treatment would not exist but for the research funded by the CDC and the NIH.â
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