This seems quite important, and raises questions about whether free market capitalism is actually the best or only model to spur innovation (spoiler: I don't think it is, at all).
(because governments earn BIG TAXES from these other companies ;)... which pays their wages... see where the rabbit hole leads.. )
I don't think you'll feel it... BUT, if we keep investing in drug research we'll feel it :)
You don't have to look far to fine an article like "Cancer Statistics Report: Death Rate Down 23% in 21 Years"
I'm not sure we'll notice if the improvements don't keep coming, but we will notice if the improvements keep coming :)
Today, we're keenly aware how HIV isn't a death sentence anymore.
And if you look at the actual financial statements, those private companies in Europe rely disproportionately on sales in the US market to fund their operations.