Pharma love when governments are on the hook for their outlandish prices. It's why there's a revolving door between public and private...to smooth deals like these.
Sort of like how many top law students choose between clerking at federal court and joining big law, or do one after the other. And people who become judges often did both. If you ban people who worked in private practice from being a clerk or judge, you would have a lower quality judiciary.
Ultimately, I think you end up with the B team trying to regulate the A team.
https://www.pc.gov.au/inquiries/completed/pharmaceutical-pri...
It also pays an additional $5B p.a. in drug subsidies.
The median lifetime earnings for an American is about $1.7 million though. For a mother, a father, and the patient, it might be worth it.