medicine

What is a fair price for Drugs?

1) Should drug makers offer deep discounts to developing nations?

Yes, of course they should. It is the duty of those who have more to take responsibility for others less fortunate. Without their help many sick in third-world countries would never experience the miracle of modern medicine. However, I don’t think Canada is a “developing” nation. If these drug companies can sell drugs to Canada at such a deep discount then it is obvious, the drugs we buy are overpriced.

2) O.K., but does this mean Americans are shouldering the burden for paying for the R & D through high prices?
It is obvious we are shouldering the burden for R & D, but some of that burden could and should be shared by others like Canada and much of Europe. If the drug makers would charge other countries (like Canada) more, they would be in turn able to lower the prices in the US and still have the revenue needed for R & D. Why should Americans shoulder the b...