SBP Editorial: Pharma’s high prices put state in an awful position

Ireland still has to make hard decisions about how it spends its money

11th December, 2016

As if it needed saying, pharmaceutical companies are not charities. They create life-saving and life-improving drugs and do work that has enormous and demonstrably positive effects on the lives of sick people, but they are not principally there for the good of those patients.

Like all companies, their primary function is to make profits for its shareholders.

That puts countries like Ireland in a very difficult position. To benefit our sick citizens we have to...

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