Elite Pharmaceuticals Inc (ELTP): This is a good point too. Part of the re...

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Re: jour_trader post# 391982

Thursday, 12/07/2023 12:43:59 PM

Thursday, December 07, 2023 12:43:59 PM

This is a good point too. Part of the reason, IMO, that our prices are so high is because they are kept low by legislation in European countries and such.

Put another way, the U.S. subsidizes R&D for other parts of the world.

It’s definitely a balancing act though - the companies shouldn’t be price gouging patients but they also need to be able to recoup development costs.

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