Quote:
Originally Posted by Spoon Man
The Straven, you are correct about the the pharmaceutical industry having us over a barrel. But there is a lot of R&D costs for what they produce.
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While it true that big pharma has us over the barrel, it’s also true that they have their own barrel in the form of over regulation. While caution is admirable, especially as regards meds. Why does it take five to ten years, and tens or hundreds of millions of dollars to bring a new miracle cure to market?
The same is true across the entire spectrum of medicine. A piece of furniture, for example a chair or a stool, costs four or five times as much if the distributer can somehow attach the moniker “medical equipment” to it.