@drjessicaknurick: Critical thinking exercise: If we did change the system so that the public got a financial return on medical innovations that were partially funded with public dollars, what would that actually look like? Royalties back to the NIH? A public health trust fund? Revenue-sharing tied to drug pricing? And if we did that, how long before the same movements working to undermine trust in public health agencies used it as “proof” that government and pharma are corrupt and colluding for profit?
The amount the drug companies spend on research is small
2025-08-09 13:56:47
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tsell70 :
But many NIH funded studies also lead to IP that is owned by the investigators and institutions. This is allowed and encouraged.
2025-08-08 19:55:09
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CallMeBartleby :
So, the key is that this could be changed if we elect people who are not firmly in the pocket of drug companies. ✅
2025-08-09 15:51:16
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Molten metal messiah :
wait ... Did you say in theory company's pay taxes🤣🤣🤣🤣
2025-08-09 15:01:02
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Cy885 :
Thank you for this detailed explanation. Your videos are so helpful and we appreciate you.
2025-08-08 18:49:34
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TimTomato :
All roads lead to capitalism
2025-08-08 19:07:38
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HootenannyTubs :
Can you talk about the Orphan Drug Act? I have a rare neuromuscular disorder, and the only drug on the market is owned by a company that didn't develop it, but licensed it from another company. But they paid for the FDA trials so they now have exclusivity thought the ODA and are charging >$300K per patient per year.
2025-08-08 21:47:35
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E difficile :
Thanks for this!! Add on to the fact that if a patent was funded by government dollars, the gov has march in rights as well via tha bayh-dole act. If a university developed a compound that became a drug that a pharma company licensed, it gets reinvested back into the university and the science dept.
2025-08-11 04:13:29
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Andie | Fit2Fifty :
We pay more than most countries!!!
2025-08-08 22:04:08
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Jurassic! :
I’m not going to defend the drug companies in any way, but I’ll admit there’s a case to be made for the economic activity generated as a knock-on effect of the drug companies. They employ a lot of people and support the existence of many other companies. Is it enough to justify everything else? Beats me, but it’s a reminder that arrangements like this are not entirely one-sided in favor of the big businesses. We should definitively have price caps though.
2025-08-09 03:03:43
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Ecasah777 :
What’s this tariff on Keytruda going to look like?
2025-08-08 23:13:42
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yetiboy :
I’m just imagining how it would look if pharmaceutical companies were forced to profit share on par with how much contribution came from public dollars. Ie. if 60% of research cost came from taxes, 60% of profit would go back to the government. Wondering if costs would go up or down.
2025-08-09 01:35:17
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miltonparsons :
this is true in the united states, but not universally true, lots of these large-scale studies are done in European countries (and India and China)with national health care for the obvious reasons (large and diverse cohorts that make regular contact with healthcare professionals).
2025-08-12 02:02:47
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pullupspastapolitics :
Love you info. Love your top though too. Where is it from? I’m a tank top woman too. 😁
2025-08-09 14:42:08
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libertyfirearmstraining1 :
So what do you think is the fair solution? Or is there none? Without profit there is no incentive for private companies to risk 9/10 failures. That means the 1/10 success has to make enough to cover the losses and turn a profit. What say you?
2025-08-23 14:18:24
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meowamine :
Not just drug development. For example, the internet was originally a government funded research project (that connected university and defense computers). It led directly to today's internet, after companies jumped in to develop profitable new features.
2025-08-09 15:09:08
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Jen Asleson/AmmaJ/Grammy Jenny :
plus they have to budget for litigation too
2025-08-08 18:53:17
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fixerofbrokenthings :
Raise corporate tax rates
2025-08-08 19:57:32
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Eric Tok :
For the first dozen years of a new drug, it is expensive. No doubt about that. When it goes generic, it’s cheap and everyone benefits. The drug price crisis is about new drugs approved in the last decade or so. Stick to generics and you are getting a good deal.
2025-08-08 21:50:16
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Nina :
Tax payers pay for the riskier basic science research before there's some evidence of possible safety and effectiveness.
2025-08-15 00:48:59
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bakedbeans376 :
We get distracted by talking about private companies and how they price their product- drugs. Yet overlook the glaringly obvious issue which is that other countries subsidize drug prices or buy in bulk to drive pricing down. The US does not. Blame the government. Also most pharma do not get ideas or funding from the NIH and don‘t forget that most are not even US companies.
2025-08-12 09:25:06
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Eric Tok :
You always make good sense
2025-08-08 21:50:33
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markmagnarelli :
What’s missing is when a drug does come to market and a larger company purchases the rights to the new drug and then increases the price of the drug by hundreds of % to cover the cost of the purchase. This is one of the biggest scams on the American people by Drug CO’s
2025-08-08 18:59:06
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JJB :
Yes, because capitalism.
2025-08-08 19:37:52
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rj :
👍
2025-08-10 00:24:29
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