If the drug companies won't sell their drugs cheap, or their licences, then socialise them and let's get over with it. Health is definitely a field where profiteering is immoral, so let's do away with it.
So that drugs will take 4 times as long to develop and will cost twice as much (which the government will take from you through taxes)? Sorry, don't think so.
Like GP (somewhat) stated, incentives are the reasons for most of the cures we have today. Because people saw they could get money from it!
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