That ‘Americans pay for drug R&D’ point

In the unlikely event that you've fallen for the absurd myth "US healthcare is really expensive because they pay for the rest of the world's drug development"... Total global pharma R&D spending was US$53bn for 2004 (it won't have order-of-magnitude changed since then). US healthcare spending was US$2.4 trillion for 2007. So even if you … Continue reading That ‘Americans pay for drug R&D’ point