Eagle1
Veteran Member
- Joined
- Jul 4, 2003
- Messages
- 2,395
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- Viburnum, MO
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- Kubota BX2200, LS XG3135H, Grasshopper and Yazoo Zturns
So what about the Trump/Kenedy plan to mandate the same prices as the lowest offered worldwide. Spread the cost of R&D across the globe.This is true, but the US funds the R&D for the world.
For example, Humira cost the US consumer around 7K per injection, even during the patent phase. That same injection in Europe was around $200.
Big pharma has deals with Pharmacy Benefit Managers to soak the US consumer with the brunt of the costs. The US has money and good insurance companies, they know where to make back the R&D costs.
I have heard PBM's want to use AI to set pricing for Rx drugs. They will use AI to understand what a person can afford. If you are wealthy, it will cost more and vice versa. hoo boy...
Fact Sheet: President Donald J. Trump Announces Actions to Put American Patients First by Lowering Drug Prices and Stopping Foreign Free-riding on American Pharmaceutical Innovation