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Nor are American pharmaceutical companies altruistic heroes; they’re in business to make a profit for their shareholders. But profits are the reward for risking capital and producing something of great value. My wife’s Tagrisso is such a product. Tagrisso got approval in the United States before Europe thanks, in large part, to the United States’s robust pharmaceutical industry and the regulatory system that accompanies it.
And yes, the United States has a tragic chronic disease burden, for which medications are probably not the exclusive, or even primary, answer. But Big Pharma is becoming a scapegoat for problems that often originated in, or were compounded by, poor lifestyle choices.
For all its well-documented inefficiencies, the American healthcare system is second to none. And the pharmaceutical industry is an essential part of it. My son and my daughter still have their parents because of Big Pharma. I have a wife because of Big Pharma. And millions of others are alive because a scientist, paid well out of the revenue generated by a company’s previously issued medicines, discovered a new miracle medicine that could save or prolong a life.