Consumers Quote by Michael K. Simpson
“While American taxes pay for much of the research and development that goes into creating the new, life-saving drugs, American consumers continue to subsidize the cost of the drugs for consumers across the world.”
About This Quote
American taxpayers fund drug R&D, yet U.S. consumers also help subsidize global drug costs.
In simple terms: U.S. pays for drug research and also subsidizes worldwide drug prices.
Advocate fair pricing and global access.
Themes
Mood
Type
When to use this quote
- policy making
- health advocacy
- consumer behavior
Key Concepts
Questions to Reflect On
- How can drug pricing be made fair?
- What role should taxpayers play?
Complex market forces may limit simple solutions.