Big Pharma in the US

This article is about a couple who is taking on the strategy of big pharma. They cite,
“These kinds of companies have a monopoly on the regulatory system, on the delivery system, on the products,” Laura says in the piece. “So, this isn’t capitalism.”

They talk about the pharmaceutical companies fighting to lengthen the patent laws on new drugs, from 28 years to 38 years. Also, that big pharma defends themselves by saying that Americans pay the list prices. The couple, however, counters that the employers’, insurer’s and individuals’ payments to pay for these prescription, all add up to a great deal of money. Big pharma argues that the research costs a lot to develop new drugs.

I say that reasonable laws and that make prescriptions more affordable are needed. This couple has very good ideas.

https://www.msn.com/en-us/money/personalfinance/houston-billionaire-couple-unveil-plan-to-fight-high-drug-prices/ar-BBSUQXq?ocid=spartanntp

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