For a lot of the world, certainly in Britain, supplying medicine to people who need it is a very different concept to pharmaceutical companies doing good business.
Comment on Britain is ‘a terrible place’ to sell medicines, says Pharma corporate executive
Highlandcow@feddit.uk 3 days agoDon’t people like need medicine tho?
ExtremeDullard@piefed.social 3 days ago
They do. But that's not a reason so take advantage of people in need - which is the pharma industry's business model where healthcare costs aren't regulated like in the US.
The pharma industry is in this very unhealthy position of making a profit from people who desperately need their wares. Exactly like plumbers on a weekend: the pharma industry can - and will, left to their own device - charge you any insane amount they want for your treatment that keeps you alive, like a plumber will charge you any insane amount to fix that leak before the whole living room is flooded.
That's why it desperately needs to be regulated. If a Big Pharma exec thinks it's tough to turn a profit in a country, that country is doing its job correctly.
Highlandcow@feddit.uk 2 days ago
Yeah that’s quite a fair point, I agree 👍