In theory yes, and in practice the US is planning on producing certain critical drugs locally, but most drugs will probably continue to be produced in India and China due to cost.

[–] Th4tGuyII@kbin.social 20 points 11 months ago* (last edited 11 months ago)

Well somebody ought to tell them that they should maybe put that +1000% margin they make on their drugs into that rather than lining their pockets.

God forbid the executives make a little less money - won't somebody think of those poor multi-millionaires! /s

[–] set_secret@lemmy.world 20 points 11 months ago* (last edited 11 months ago) (2 children)

it makes perfect sense that one of the wealthiest countries, depends on poorer ones to produce their pharmaceuticals because of 'costs'. Seems legit.

[–] Maeve@kbin.social 12 points 11 months ago

And still charge insanely high prices. A side note: a local used to work at a now-closed child medicine manufacturing facility. His behavior became so volatile, everyone blamed it on that, but also he was in late adolescence under extreme conditions of despair.

[–] hydroptic@sopuli.xyz 5 points 11 months ago* (last edited 11 months ago)

The country isn't wealthy, but some individuals are and fantastically so. They won't manufacture this stuff at home because it'd mean pharma execs couldn't afford as many yachts

[–] Kbin_space_program@kbin.social 7 points 11 months ago* (last edited 11 months ago)

Due to ~~cost~~ profit margins and shareholder returns.

Fixed that for you.