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At least the US is developing new drugs. About 99% of other countries produce none.


- 30% of drugs in the US are funded by taxpayer money [1]

- true, the US is producing about ~50% new drugs (sometimes more, sometimes less). Europe and Japan account for the most of the rest of the drugs [2]. The reason is simple: these are wealthy countries.

[1] https://news.ycombinator.com/item?id=19264699

[2] http://www.hbmpartners.com/media/docs/industry-reports/Analy...


Citation?

Also, it's usual when comparing countries to restrict one's comparison to economic peers. If Lesotho or Vatican City aren't funding drug development, this doesn't say a lot about the relative merit of the U.S. system.




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