There are better ways of doing things than the ACA and the former status quo, but the Dems would have none of it. They were just hell bent for leather to ram this abortion down our throats.
Big pharma gets pilloried because the cost of ethical pharmaceuticals is so high in this country. The bolded from your post is exactly what happens overseas by the various regulatory agencies - they arbitrarily set the price that they will pay for the drugs. That leaves pharmas to recover their R&D costs where? Right. Right here in the USA. Ergo, Americans are footing the bill for the rest of the world to have new drugs discovered and used at cut rate prices on people in other countries - including Canuckistan.