Tuesday, April 14, 2009

Government Drug maker

Should the US government be in the drug business? Well, if they were wouldn't our drugs be much less expensive. Shouldn't drugs for illness be NOT for profit? If they were then no company would rush to invest billions in an attempt at profiting from the next wonder drug. Today Dendreon Corporation announced phase 3 trials for their colon cancer drug. Stock went from 7 to a high of 24. Greed drives drug companies.


A simple cure for Cancer may be available, but since the drug cannot be patented no drug company will spend the money on testing it and putting it through our FDA trials.

So, should the United States Government establish a not for profit organization to resolve these otherwise conflicts of humanity? Shouldn't the good of the people override corporate greed? Or is this a socialist idea and not a truly capitalist notion?

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