Friday, December 29, 2017

Drug Prices in the United States - Drain the Swamp

The pharmaceutical lobby in this country is very powerful. They have convinced our politicians to restrict drug price negotiations, have prevented generic competition through, what in most industries, would be restraint of trade, and convinced our government not to regulate companies who raise prices at will.

The National Academy of Science has published a recent guideline on how we can realistically control prices while still allowing big Pharma to make a profit.

Will President Trump drain the drug swamp? Does the fact that a reputable scientific organization recommend it result in him ignoring it? Or will Pharma money win out again?

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