Author: gotohell

Are Western Drug Companies Wicked or Greedy? [Copy link] 中文

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Post time 2008-4-17 12:10:57 |Display all floors
I'm aware that development costs must be recouped but surely this can be done in a more long term way, thereby lowering the actual/unit cost but making more because of volume. This way, it's win/win!

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Post time 2008-4-17 12:14:19 |Display all floors
Kiwi,

Not really. The problem is that all solutions have bad second-order effects. Government price meddling tends to dampen research, patent protection tends to turn everything towards profiteering. The best solution is to use a cost-based patent system which limits patent times or protection in order to move drugs into the public domain faster.
"Justice prevails... evil justice."

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Post time 2008-4-17 14:34:02 |Display all floors

Pay Back Time .

This cost factor ( plus labor ) is the bane  of the west . For too long the people in advanced countries have been paid too much ,worked too little . Instead of adjusting to world conditions and reduce their standard of living , they are clinging to the unattainable Utopia of higher wages regardless .  The final products , be it a manufacture item or a researched drug , becomes prohibitively exorbitant . As the resources of knowledge has seeped and expanded to every continent , the old advantage of  " you either buy it from me or else "  is no longer true . Thus you see the tens of thousands of jobs being siphoned off to distant shores , where the same task can be done at  twice the speed and half the price .  Even the American and European investors cannot resist that !!

I just hope that when life saving drugs come from the rest of the world , they do not forget that uneven playing field they have had to play all these decades .

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Post time 2008-4-17 15:30:20 |Display all floors
Originally posted by mengzhi at 2008-4-17 14:34
This cost factor ( plus labor ) is the bane  of the west . For too long the people in advanced countries have been paid too much ,worked too little . Instead of adjusting to world conditions and re ...



Good words................say TEN scientists in CHINA

could DO MUCH MORE WORK

Compared to ONE Scientist PAID in the WEST

10 X 10 = you do the Maths to find out........
What's on your mind now........ooooooooooooooo la la....Kind Regards

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