I have issues with government funded scientific studies that REWARD private drug companies.
Case in point: The NIH funded the study of natural progesterone to prevent pre-term labor. During the study the drug was produced at about $10/dose. It was proven to be highly effective.
The NIH funded the development and testing.
Based on the results of the taxpayer funded studies – the FDA approved this treatment.
And awarded the exclusive use to K-V Pharmaceutical – who is now charging $1500 dollars per dose for the drug that is inexpensive to produce.
Tax money funded the studies. Private corp profits from the studies.
I’m for tax payer funded studies. But NOT privatizing the profits from those studies.
