Biotech Values

[dewophile]

I agree healthcare costs are ballooning, but drugs only account for 9% or so of this spending. It's just the easiest target for politicians on both sides of the aisle.
There have been several posts on this board on the subject but this article now 9 years old is one I have posted before

https://www.newyorker.com/news/news-desk/health-cares-cost-conundrum-squared

This was recently in the NY times

https://www.nytimes.com/2024/06/17/opinion/medical-bill-trap.html

I know of so many docs that order unnecessary tests, do unnecessary procedures and surgeries - that is where the bulk of the savings could come from if we really want to tackle healthcare spending IMO
sure let's work on drug prices too, within reason without stifling innovation, but just pointing out where the real meat of the problem lies.