Anonymous wrote:AND HE FOLDS

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote: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.

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. All the drug innovations in the US come from federal grants and research. 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.

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.

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 science. Private companies build on established research, then spend years in clinical trials, which is time consuming and expensive.

Who says all that critical study funding is going away? There have been cuts, but many seem like wasteful spending with minimal utility for treatment of pressing diseases.

Yeah. Who dies of cancer anymore anyway. That’s not pressing.

Anonymous wrote: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.

Anonymous wrote: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.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote: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.

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. All the drug innovations in the US come from federal grants and research. 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.

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.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote: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.

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. All the drug innovations in the US come from federal grants and research. 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.

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.

You are ignoring the difference between basic research and engineering development/marketing.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Yes I’m sure they will be moving to the country that is gutting medical R&D and all of its health related regulatory agencies. And also is run by an anti-science blowhard who may well turn on a dime and start attacking them and their businesses.

Doesn't matter. US is by far the most important to every single pharma company's bottom line. Period. Pharma themselves can design quality standards, if needed.

Really? Who is going to continue to subsidize pharma? Medicare is going away and Trump is cutting all research. People will not be able to afford the drugs. We are talking huge reductions in the profit of drug makers. Look for big layoff in that industry. Big Pharma is looking over a cliff.

Anonymous wrote:OP, why would any sane person make an investment in the US right now? There is a mad dictator in charge with no respect for the rule of law, does not respect international trade (which US any manufacturing will still rely on because all manufacturing has a supply chain) and who doesn't believe in science.