You are here

Draft 4

Submitted by dfmiller on Wed, 09/11/2019 - 23:37

The pharmaceutcal industry is a very widely hated industry among Americans, as they are seen as greedy, evil, and heartless organizations hell bent on making the biggest prophet they can. And while yes, it is true that these copanies are simply in the business for profitability and their responsibilities to investors and shareholders, there are some justifications for the seemingly outrageous pricing of drugs-in the context of the American healthcare system at least. To bring a single drug to market, through all the trials and tests mandated by the FDA, costs around $2.7 billion. Pharmaceutcial companies are not at liberty to be generous, philanthropic, or kind-hearted in this kind of a cut-throat market that the current system has imposed. If we truly want change in the pharmaceutical space, we need to have a real discussion on what we can change about the current healthcare systems, not pointing fingers at the companies themselves.
 

Post: