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Author: jedenison Two stars, 250 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75777  
Subject: Re: Bush and the self employed Date: 2/6/2003 8:15 AM
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The reason some drugs are cheaper in Canada is the governmetn forces the pharm companies to sell the products at a fixed price. THe real impact of this is that the companies charge us more. If everyone was charged market rates our cost sould come down. There is a reason the US is the source for most new medicies and treatments. We allow the developers of the new mediceine to profit fom the reseasrch. Without that profit new research would grind to a halt.

I know some people say that noone should profit off of something that is require to live. But where do we draw the line? For most of the US a car is a neccesity. Should all cars be price controlled so that everyone can afford to buy one? AS a percent of revenues there are very few industries that spend as much on research as pharm companies. Without the reward of the profits these companies will no longer take the risk.
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