Socialized medicine allows a nation to exclude a U.S. product from its MARKET if the U.S. firm does not make generous enough PRICE concessions. Accordingly, what has developed is a system within which U.S. firms make large profits on NEW drugs in the U.S. market, but very low profits on sales EVERYWHERE else.

Author - Kevin Hassett


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Posted on 01 Dec 2024, this text provides information on Accordingly related to Kevin Hassett. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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