It would be interesting to see the statistics. Some people claim a big chunk is dealing with all the paperwork, others say that's not an issue.
Some say it's drug costs, others say that's not really an issue.
At the very least, though, since we don't have laws mandating this or that price for things, that the companies developing them do charge more than they otherwise would because the rest of the world doesn't kick in to reward their hard work.
Shame!
...snip..
So lets see: there is a market for company's products, a company wishes to maximise its profits so it charges each customer the maximum it can get them to pay for the product and that is "Shame!
"You are arguing against a "free market" approach!