There is no logical reason that pharma should be on the receiving end of all this hate. Especially considering that their job is literally to save lives.
If I work in an industry where human life depends on it, yes! I entirely agree. This is not a market to corner, regardless of your innovation and how clever you are.
> Especially considering that their job is literally to save lives.
Positive contributions must not lead to “these people can hold those who have medical needs economically hostage.” Don’t like the deal, get out of pharma and let other people (operating under a different ideology on the topic) build.
https://time.com/6257866/big-pharma-patent-abuse-drug-pricin...
> Today, 1 in 4 Americans cannot afford to take their medications as prescribed. Too many seniors are having to ration their treatments to get by until their next social security check arrives. And contrary to what industry lobbyists argue, soaring drug prices are not the inevitable result of research and development costs to bring breakthrough drugs to market. It’s time to put this widely debunked excuse to bed.
https://www.i-mak.org/wp-content/uploads/2022/09/Overpatente...
It means no one will do that work.
DARPA's mRNA research that directly led to rapid COVID vaccine development comes to mind. Cut out the middleman. Fund the research directly. We're paying for the end result one way or another (if not with direct government payment, with government payment to companies who are then taking profit, spending marketing/admin expenses, etc).
You make it sound as if nothing will get done if poor corporations can't lock medical tech up behind economic gates. We can always go back to ruthless capitalism if pharma price controls don’t work.
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8426978/
https://jamanetwork.com/journals/jamanetworkopen/fullarticle...
Hoping that such actors would appear when needed seems optimistic.
If I don't have food I can't live.
There are any number of industries that people need to live. You really want Donald Trump (or someone just as crazy) dictating what the prices are for those industries?
Especially considering that their job is literally .. "preserved by natural monopoly and law, forever"