this post was submitted on 26 Sep 2023
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At this point, China could release the free cure for ass cancer, and it would not be accepted in the west because of China = Scary noises
Incidentally, US is importing cancer drugs from China because US companies don't find it profitable enough to produce them.
Jesus Christ, it's real, haha
Not really, the US makes their own, it’s just that demand has absolutely skyrocketed and there’s no way for current production to keep up. It takes years to set up the laboratories and factories needed. It makes sense to buy the deficit from China in the meantime.
The problem isn't that demand somehow skyrocketed overnight, it's that companies want to keep prices up https://hbr.org/2017/04/how-pharma-companies-game-the-system-to-keep-drugs-expensive
Oh, I’m not saying you’re wrong. You’re absolutely right, but I was just saying that even if for example the entire industry was nationalized, it would take years to meet the current demand due to cancer rates going through the roof.
Yeah that's a good point.