And we (Australia) blackmail drug makers: sell your drugs to us at a certain price and the Government will heavily subside it and you’ll get big sales. Refuse and it will get zero subsidy and nobody will buy it.
> And we (Australia) blackmail drug makers: sell your drugs to us at a certain price and the Government will heavily subside it and you’ll get big sales. Refuse and it will get zero subsidy and nobody will buy it.
The blackmail version is actually "Refuse, and we'll produce a generic version locally and perhaps even export it to any country that wants it."
https://en.m.wikipedia.org/wiki/Pharmaceutical_Benefits_Sche...