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]To be fair, we do subsidize (US drug co) pharma in Europe and other parts of the world - their systems work differently than ours so more or less, we work it that way, among other reasons I suspect (ie we may profit in the US LOL).  So the prices in the US are reflective of the overall healthcare system - you know, the corrupt one that has hospitals + insurance + pharma working together to present the highest bill to us as possible.

In other words, we pay the highest prices in the world for drugs because pharma is able to charge more in the US or has to charge more in the US in order to run their markets elsewhere in the world.

Now, if Trump raises tariffs on drugs, it can actually change how status quo (I'm just suggesting that there's a chance shit will work differently, not that it will and not that this whole tariff nightmare was ever a good idea). It really is dependent on specifically where and how he raises them.  I'm not confidence his admin has the brains to actually make this a worthy cause for Americans but I'm just painting the pic of how shit gets done today.[/quote]
Completely on a side note and a very simplistic one at that, but, as an example, Europe's 2 largest drug companies had profits of $29B and $25 billions in 2023. I don't think higher drug prices in US can be framed as necessary SUBSIDIZING of European pharmaceutical market. The pharma companies would be wealthy even if US would negotiate (the way EU does) and pay less.[/quote]

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