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Warning ? Don?t Confuse ?Made In USA? And ?Inspected By FDA? With Patriotism

AnaMariaVR2

AnaMariaVR2

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#1
#1
Warning – Don’t Confuse “Made In USA” And “Inspected By FDA” With Patriotism

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MIREGMGR

#2
#2
I can appreciate both sides of the argument...lower prices are nice from a consumer perspective, and high R&D spending also is good.

Of course, pharma can't very well fund R&D to the same level with lower revenues or their stock prices would decline and the stockholders would have a fit. That'd be terrible. Obviously if revenues were to drop, R&D would have to be cut so as to maintain profits and thus the stock price. That's obvious, right?

But in particular:

Why do you think many drugs which American consumers want to re-import cost less? They are manufactured to lesser standards of quality.
Click to expand...
This is a Big Lie, in the propaganda vernacular.

If the proposal was to allow uncleared importation of drugs that currently are not cleared in USA, the "lower standards of quality" claim likely would be true.

That however is not the proposal. Instead it is to allow RE importation of drugs that have been EXPORTED from USA to other countries, AND ARE FROM THE SAME MARKETER AND MAKER AS THE SAME DRUG SOLD IN USA, where for various reasons that drug is marketed in the other countries to which it is exported at much lower prices than are charged to USA consumers.

Prices that are enough lower that the drug can be bought in another country at wholesale pricing, or even at retail pricing, and transported back to USA, and still be cheaper than the exact same product is here.
 
K

kgott

#3
#3
I'm not trying to derail this thread but I think its worth drawing attention to this in another way because the OPs point has parallels in other areas.

The Australian tax payer subsidies a well known American car manufacturer who builds cars in Australia then exports them to the US and sells them for half the price the same car sells for in Australia.

Work that one out?
 
M

MIREGMGR

#4
#4
Part of this discussion is about R&D spending, and US corporate taxpayers are able to deduct a substantial part of their R&D expenditures from taxable income...thus arguably being "subsidized" by other US taxpayers.

Tax codes in all major countries provide tax breaks for, and thus "subsidize", business behaviors that the country wants to encourage...whether that be maintaining in-country manufacturing jobs, or R&D investment, or something else deemed of social importance. Is that "fair"? Well, would it be better to not do it and not have the jobs or investment or whatever else it's intended to encourage?
 
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