>Are the American consumers subsidizing the other markets' consumers?
You bet! but not just with pharmaceuticals. The list is endless. These
people live in their price controlled arena's and wait for the US spend the
time and money to develop these life saving drugs. Then they reap the
benefits with cheap prices. Here we are, the most generous country in the
world, and it's not enough. People still hate us. Go figure!
Tim
-----Original Message-----
From: John Clogg [mailto:[log in to unmask]]
Sent: Thursday, April 22, 2004 2:29 PM
To: [log in to unmask]
Subject: [HP3000-L] OT: The global economy
Mark Wonsil writes:
>If drug companies could sell in Canada in a free market as all of the
>previous examples then I might agree but there are price controls in
Canada.
OK, I understand that drug companies have huge research and development
costs, as well as product liability costs, which they have limited time to
recover, due to expiring patents. Still this discussion leaves me with one
question: Why would a drug company market its drug in a price-controlled
market, such as Canada, if those sales were not profitable? If we assume
that they do make a profit in Canada, then I have to wonder why drugs are so
much more expensive in the USA. Are the American consumers subsidizing the
other markets' consumers, or are the drug companies simply gouging
Americans?
John Clogg
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