Medical News

Filed under: Drug, All Cancers, Opinion

It’s one of the major setbacks of capitalism: people stand to make a buck off of everything, even medicine that can save the life of many. So when it comes to Cancer, it’s no secret that the drugs and treatments are expensive — and someone is definitely making money off of it. But before you get your hate on for drug companies, consider this: it takes years–decades, even–to do the proper research on a drug before it can get approved for the market. Drug companies need to make up for those years of not making a profit off of the drug, and they do so by making the market price so high.

Still, isn’t there some way to find a middle ground, where the cost of saving a life doesn’t have to ruin anyone financially?

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Original post by Martha Edwards

Filed under: Drug, All Cancers, Opinion

It’s one of the major setbacks of capitalism: people stand to make a buck off of everything, even medicine that can save the life of many. So when it comes to Cancer, it’s no secret that the drugs and treatments are expensive — and someone is definitely making money off of it. But before you get your hate on for drug companies, consider this: it takes years–decades, even–to do the proper research on a drug before it can get approved for the market. Drug companies need to make up for those years of not making a profit off of the drug, and they do so by making the market price so high.

Still, isn’t there some way to find a middle ground, where the cost of saving a life doesn’t have to ruin anyone financially?

Read | Permalink | Email this | Linking Blogs | Comments

Original post by Martha Edwards