Reply to Due to tarffis, new warning for EUROPE that $100B in drugs may flee to the US

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Reply to "Due to tarffis, new warning for EUROPE that $100B in drugs may flee to the US"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This seems like a massive positive outcome due to the tarriffs:

https://www.fiercepharma.com/pharma/trump-tariffs-drugs-industry-warns-eu-100b-plus-pharma-exodus-us

Look, I am not T cheerleader, but having an absolutely vital industry to national security return to the US to the tune of $100B is a great outcome. This is one area where it was a massive mistake to lose our base in terms of manufacturing.  If this outcome comes to fruition, I'd give T the win here, even if it cost some short term 401k dip.  If the US has the best market for things like pharma, then make it a requirement to manufacture here if they want to sell here.  Chinese do the same stuff but even worse, yet they're never called out on it.  [/quote]

Wake the f up. Europe and the US trade is worth over a trillion dollars. That is all going away. The Europeans have been actively recruiting scientists, chemists, etc from all the fired US federal employees and universities scientists, chemist, researchers, etc who have lost grants and federal research dollars. [b]All the drug innovations in the US come from federal grants and research[/b]. That is now over. Add in Robert Kennedy and anti science stuff AND NOTHING IS COMING TO THE US.

The article is pure right wing nut job fantasy. No one is investing in manufacturing in the US. The regulatory environment and government interference is too great to invest anything. The Tariff change hourly, the graft and corruption is too expensive. Capital is fleeing the US. The scientific brain drain is huge.

This is the new world order. [/quote]

I call BS. If this were true then we wouldn’t be paying the highest drug prices in the world. It costs pennies to manufacture drugs. The high cost is due to patents because it’s private companies making the innovations.[/quote]

Every single drug approved by the FDA 2010-2016 had NIH-funded studies involved. Every one. The basic science behind the innovations happen at med schools and other R1 or R2 institutions that advance the [i]science[/i]. Private companies build on established research, then spend years in clinical trials, which is time consuming and expensive. [/quote]

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