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Comment on What good are whizzy new drugs if the world can't afford them?parent

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Markets have inefficiencies and reflect collective human irrationality (such as underestimating the likelihood you will be in a fatal car crash). But it is trending better - not especially in a modern market. The stuff the FDA prevented when it was first created is much worse than what it has to deal with today because of better information dissemination and a broadly educated population.

I'm not sure who else would be funding pharma research if not people who are giving their money willingly.

I'm not sure who else would be funding pharma research if not people who are giving their money willingly.

Hmm... yeah. Shame, there's just... no other way.

Say, how often do you travel abroad?

I travel abroad frequently and am an EU citizen. Most pharma research is not funded by the government, in Europe or the US. The EU free rides off of American drug R&D, this is well-studied.

No need to be snarky and sarcastic just because you are having trouble explaining your point.

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