You're acting like consumers of medication have a choice. They _need_ certain medication and if the only option doesn't include safety inspections then they can't exactly just pick a different medication, they have to put their trust in a profit-driven company's hands or suffer and maybe die.
Healthcare isn't something that should be sold as people are forced to buy it to survive. That allows crazy levels of exploitation, leading to insane prices like the U.S already has for medication, treatments, and medical insurance.