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submitted 1 year ago by schizoidman@lemmy.ml to c/worldnews@lemmy.ml
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[-] ImWaitingForRetcons@lemm.ee 13 points 1 year ago

In theory yes, and in practice the US is planning on producing certain critical drugs locally, but most drugs will probably continue to be produced in India and China due to cost.

[-] set_secret@lemmy.world 21 points 1 year ago* (last edited 1 year ago)

it makes perfect sense that one of the wealthiest countries, depends on poorer ones to produce their pharmaceuticals because of 'costs'. Seems legit.

[-] Maeve@kbin.social 13 points 1 year ago

And still charge insanely high prices. A side note: a local used to work at a now-closed child medicine manufacturing facility. His behavior became so volatile, everyone blamed it on that, but also he was in late adolescence under extreme conditions of despair.

[-] hydroptic@sopuli.xyz 5 points 1 year ago* (last edited 1 year ago)

The country isn't wealthy, but some individuals are and fantastically so. They won't manufacture this stuff at home because it'd mean pharma execs couldn't afford as many yachts

[-] Th4tGuyII@kbin.social 20 points 1 year ago* (last edited 1 year ago)

Well somebody ought to tell them that they should maybe put that +1000% margin they make on their drugs into that rather than lining their pockets.

God forbid the executives make a little less money - won't somebody think of those poor multi-millionaires! /s

[-] Kbin_space_program@kbin.social 7 points 1 year ago* (last edited 1 year ago)

Due to ~~cost~~ profit margins and shareholder returns.

Fixed that for you.

this post was submitted on 23 Mar 2024
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