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Politics : Formerly About Advanced Micro Devices

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From: bentway10/1/2015 2:19:27 PM
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J_F_Shepard

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Why do prescription drugs cost
more in the US?




hopesandfears.com

Can you put a price on a person's life? The answer, of course, is yes. Drug companies do it all the time, it's how they stay in business. At this point, it's a fact of life that drugs in America cost considerably more than they do elsewhere in the world. Way back in 1999, then-Congressman Bernie Sanders personally drove Vermont women over the Canadian border to buy drugs for breast cancer. Over the last few weeks, there were many people who wanted to personally drive over Martin Shkreli, the founder of Turing Pharmaceuticals. Shkreli, a hedge-funder whose personal quirks rose from post-hardcore enthusiast to mustache-twirling villain for raising the cost of an antimalarial drug associated with HIV treatments, pyrimethamine, from $13.50 a tablet to $750. Although Shrekli has promised to bring the cost down to some as-yet-unspecified price, the incident hammers home the reality of American exceptionalism: only here do people pay so much for drugs that could save your life....
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