- There is no reason the US should be giving away IP for free
- The US Government should use its purchasing power as a check against the drug companies
- Drug companies should be able to reap profits, but profits at a 10-20x P/E not 100x
This times a million. If you fix that, most of the drug problem goes away here in the US even if you don't start letting Medicaid bargain.
Says it's 10.20 as I enter this.
At least one of which is implied in the Wikipedia article, also see their current pipeline, some of those are going to fail, and at the end their 22 failures to date. 1 in Phase III trials ($$$, efficacy, the most expensive), 5 in Phase II (fairly expensive, I think), 5 in Phase I (certainly not "cheap").
It sure looks like they're doing the right thing with their science and medicine, their founder was motivated by having contracted deng fever, which is untreatable (besides of course supportive measure). Clearly the right thing to do is to beat them up the few times they hit it out of the ballpark with a "100x" success, that'll teach them and the other drug companies!