id588666605

They’ve done so even though the American public subsidized research and development costs for every drug approved for sale in the United States between 2010 and 2019.

✏️ This is nuts. Big pharma manipulated the economy so thoroughly, that taxpayers subsidize the r&d costs but then pay hiked up prices for the drugs that are subsequently sold.
Meanwhile, they also get crazy tax cuts which translates to an increase in net income, first and foremost as profit for the stakeholders and not increased benefit for the people.
πŸ”— View Highlight

Link to original