‘Pharmacy of the developing world’ under attack from the US, EU, Japan
Of course they are. In the United States you also can't import cheap generic from Canada. Most intellectual property law is recognized and enforced internationally. Everyone on this board has a career because of IP law.We have a globally broken system in that America subsidizes the world medicinally. American companies research and develop many (not all) drugs. Americans then pay out their asshole for those drugs. Other countries then get to make those drugs for "free". Not free free. But they get to ignore the R&D costs.Eventually the camel's back will break. Research costs will become too high for 300m out of 7b to pay for. Then we can figure out a new system that works better. This is probably a good thing. I don't know what the system looks like though. No one does.