Many of the costs of developing drugs is actually paid by research done by government funded labs. Pharma CEO pay is outrageous. Time for some real reform in the pharmaceutical industry. 
People also need to do their part and pay attention to costs. A number of years ago I purchased eye glasses and was quoted a price of roughly $600 and ordered them, when they shipped them to me the price on the receipt showed $1600 when I called them on it, I was told it doesn't matter as I don't pay anything as my insurance covered 100% of eye glasses. After calling my insurance company and putting a hold on any payment to the company, the eye glass clinic after several back and forth discussions finally agreed to accept the payment as quoted not the higher price. Needless to say I have never gone back to that clinic.