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Related: About this forumLIVE: Why Do Americans Pay The Highest Prices In The World For Prescription Drugs?
Last edited Tue Mar 23, 2021, 07:08 PM - Edit history (1)
LIVE: Im holding a Senate hearing on why Americans pay the highest prices in the world for prescription drugs. The time is NOW for Congress to stand up to the greed of the pharmaceutical industry.
George II
(67,782 posts)....merely "greed of the pharmaceutical industry". One of the biggest factors could be the oversight of the FDA to make sure drugs are made under safe conditions, tested properly, and handled properly. No other country has an agency like our FDA, and I'm sure the vast majority of Americans don't want that to go away.
McKim
(2,412 posts)FDA oversight is paid for by our tax dollars. This has nothing to do with drug company pricing.
I had an infection while traveling in Spain. My Dr. visit and tests cost $40 and the antibiotics for 10 days cost .89. And that was the charge for being outside their public health system. Somebody is making a killing with these drug prices.
George II
(67,782 posts)....vaccines.
Three were developed in the US, one was developed in Europe. Only one has now been found to have possibly dangerous side effects.
FDA doesn't develop drugs, they oversee the development and testing and manufacture of drugs. It's not the cost of the FDA itself, it's the extra safeguards imposed by the FDA that increase the cost of drugs.
It's not simply "this drug costs $X in the US and $Y outside the country".
Omaha Steve
(99,054 posts)Last edited Tue Mar 23, 2021, 07:10 PM - Edit history (2)
To allow updating the video link.