โฒ 631 โผ Capitalism CookBook: Take an invention which the inventor wanted to be accessible to everyone and make it 57 times more expensive than it costed to make it ๐ง๐ฉ (i.imgur.com) submitted 3 years ago by CyberGhost@lemmygrad.ml to c/memes@lemmy.ml 31 comments fedilink hide all child comments
[+] Haibane@lemm.ee 7 points 3 years ago* (last edited 3 years ago) (2 children) [deleted] permalink fedilink source hideshow 4 child comments replies: [โ] PoopyPants69@lemmy.ml 6 points 3 years ago Here's an interesting paper about that https://waxmanstrategies.com/wp-content/uploads/2020/01/Nonprofit-Pharmaceutical-Companies-White-Paper.pdf Basically US tax codes make being a non profit pharma company very difficult. Non profits don't appeal to investors. The supply chain is dominated by big pharma. Non profits still have to pay large fees to the FDA Medicaid forces a 23.1% rebate on the lowest priced drugs that make it difficult to keep their prices low. TLDR the Industry is not designed for non profits. permalink fedilink source parent [โ] Llewellyn@lemmy.ml 2 points 3 years ago It's there. Canada. permalink fedilink source parent
[โ] PoopyPants69@lemmy.ml 6 points 3 years ago Here's an interesting paper about that https://waxmanstrategies.com/wp-content/uploads/2020/01/Nonprofit-Pharmaceutical-Companies-White-Paper.pdf Basically US tax codes make being a non profit pharma company very difficult. Non profits don't appeal to investors. The supply chain is dominated by big pharma. Non profits still have to pay large fees to the FDA Medicaid forces a 23.1% rebate on the lowest priced drugs that make it difficult to keep their prices low. TLDR the Industry is not designed for non profits. permalink fedilink source parent
