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Some points to throw into the mix:
- Most of the big drug profits are during the patent period, as I understand it. The patent period applies to the new drugs that have undergone a lot of R&D. Every single drug requires a ton of R&D to make it through the approval process.
- Amounts higher than CEO compensation have been gifted to African countries many times. They are still poor. Turns out that money does not equal wealth.
- One reason for limited liability is because you don't want to punish risk, because risk is healthy for the market and helps to drive innovation.
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