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]

you are paying the highest price in the world because you are dumb and let pharma pay Congress to let them run wild with drug prices. yes R&D is expensive and patenting is expensive but drug cost here Xtimes more than in other countries because you allow them. you remember pharma-bro? he took a drug developed 100 years ago and jacked up the price 500 times just because he could. why in an alleged capitalistic system the largest insurer/payer (Medicare) cannot negotiate the price of drugs with manufacturer?  
the FDA has been gutted and is not working (I know, my spouse works there and has been basically unable to do his job in the past two months due to being prevented from communicating with the outside and everything he does must go through a dumb higher up placed there by Trump so a huge bottleneck and nothing gets done), head of new drug out, supplies and travel offices gutted, so yeah if Europe can get its s$it together this will be a boon to Europe[/quote]

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