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1 year agoThe time machine inventor forgot that things move.
The time machine inventor forgot that things move.
Here’s an interesting paper about that https://waxmanstrategies.com/wp-content/uploads/2020/01/Nonprofit-Pharmaceutical-Companies-White-Paper.pdf
Basically US tax codes make being a non profit pharma company very difficult.
Non profits don’t appeal to investors.
The supply chain is dominated by big pharma.
Non profits still have to pay large fees to the FDA
Medicaid forces a 23.1% rebate on the lowest priced drugs that make it difficult to keep their prices low.
TLDR the Industry is not designed for non profits.
Because people who enjoy torture enjoy torture?