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<blockquote data-quote="SPRINGER FARMS MURRAY GRE" data-source="post: 51949" data-attributes="member: 95"><p>Eric,</p><p></p><p>Ever wonder why it is that prescription medications are so high in this country and so much cheaper overseas? Let me clue you in! England,Canada,Germany, France, etc. have price controls in place which prevent the drug companies from charging more there. What this means is, they do not share the burden of paying for the research and development that goes into developing each and every drug.Millions are spent on R&D by the drug companies and they have only so long to recoup their expenditures and make a profit before it goes generic and evryone starts making and selling it. It takes 15 - 20 years to get a new drug to market and is terribly expensive to develop and market. If these price controls were lifted, it would make a level playing field, their prices would go up some,and ours would come down some, but we would all share the burden of developing new and more powerful drugs to fight disease and save lives. It would also encourage other companies to do the same,thus more competition and better proces. In otherwords, good old fashioned capitalism. Make sense???</p></blockquote><p></p>
[QUOTE="SPRINGER FARMS MURRAY GRE, post: 51949, member: 95"] Eric, Ever wonder why it is that prescription medications are so high in this country and so much cheaper overseas? Let me clue you in! England,Canada,Germany, France, etc. have price controls in place which prevent the drug companies from charging more there. What this means is, they do not share the burden of paying for the research and development that goes into developing each and every drug.Millions are spent on R&D by the drug companies and they have only so long to recoup their expenditures and make a profit before it goes generic and evryone starts making and selling it. It takes 15 - 20 years to get a new drug to market and is terribly expensive to develop and market. If these price controls were lifted, it would make a level playing field, their prices would go up some,and ours would come down some, but we would all share the burden of developing new and more powerful drugs to fight disease and save lives. It would also encourage other companies to do the same,thus more competition and better proces. In otherwords, good old fashioned capitalism. Make sense??? [/QUOTE]
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