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Elroy Jetson

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Elroy Jetson

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Re: dexprs post# 74845

Wednesday, 08/16/2017 12:06:00 PM

Wednesday, August 16, 2017 12:06:00 PM

Post# of 109960
A country like India which doesn't enforce pharmaceutical and medical equipment patents will certainly see much lower prices for knee implants.

A firm like Johnson and Johnson could see their total profit grow tremendously selling knees for $852 rather than $3,895 as it greatly expands the market for the product in India - or they could say no and let Doctor Reddy or some other firm make and sell them and take their Indian market.

But the problem won't stop at India's borders.

We've run out of other people's Social Security taxes needed to subsidize our low income tax rates.

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