Comment by gradus_ad
5 hours ago
It's only $100 in Mexico because the company can charge $10000 in the US. Not by some inherent virtue of the Mexican system. If the US forced costs down they'd rise everywhere else.
The US subsidizes the rest of the world in Medicine, Defense, Technology, etc...
Is the 10K price in the US due to ongoing costs, recouping R&D, paying for marketing? Because if it's not a real ongoing cost then it's just "wha'tcha got?" pricing.
I doubt they sell it so cheap in Mexico to be charitable. Which suggests they're just soaking the US market.
This could be simply fixed by the US allowing the re-importation of drugs. Without it, we end up with monopolistic pricing.
note that this would be extremely bad for the poorer country that is currently able to purchase medicine, and would probably results in net worse health outcomes globally.
the free market is just not the correct way to set drug prices, and never has been.
I wonder how you justify the cost of insulin.
The lies Americans tell themselves to support their own exploitation will always amaze me.
I don't think it's rational to believe that big pharma is giving charity to Mexico. It's $100 a vial in Mexico because that's the optimal price to sell it in Mexico to maximize profit, not because it's subsidized by unregulated price-gouging in the United States.
Does Mexico have a free market for medicine?