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Big Pharma keeps using R&D costs to justify high launch prices even after peer-reviewed research found no association between the two. The argument persists because it protects profits and blocks reform. Rob Burgess follows the receipts.

Americans For Pharma Reform

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102,084 次观看 • 2 个月前 •via X (Twitter)

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#DemsAct #DemVoice1 #wtpBLUE #ONEV1 #FAM46 For anyone puzzled by persistent inflation numbers. PLEASE WAKE UP. THIS IS REALLY IMPORTANT It is NOT as Republicans would have you believe, fiscal mismanagement. It’s their rich donors stealing money from you with impunity. This is something Biden has little to no control of. Unless he takes some important and in my view, very necessary action. There is now irrefutable evidence which shows that high corporate profits are a main driver of ongoing inflation. Companies continue to keep prices high even as their inflationary costs drop. Prices for consumers rose by 3.4% over the past year, but input costs for producers increased by just 1%. When business costs rise the cost is passed on in the blink of an eye. When their costs drop they do NOTHING. Corporations are enjoying windfall profits worth $billions as a direct result of their costs dropping while consumer costs remain static and in some cases increase. The imperative action needed is a significant windfall tax based on the difference between input costs plus a normal margin and current consumer costs. Businesses see every global shock like the pandemic or Russia invading Ukraine, as an opportunity to exploit consumers to increase their margins. As a direct result, the Fed increases interest rates and consumer prices remain high. It’s a lose lose for American families, as yet more money is stole from the bottom and the middle to feed the greed of the rich. This is not a conspiracy theory it is a simple fact. Action needs to be taken, otherwise NOTHING WILL CHANGE as everyday Americans pay for the private jets and yachts of the rich.

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17,814 次观看 • 2 年前

The USA is responsible for nearly 45% of all pharmaceutical drug innovation worldwide, most of the funding coming from American taxpayers. Yet we pay 3x more for pharma drugs than Germany and the rest of Europe. Germany doesn't fund R&D, but then they force pharma companies to sell drugs cheaply in Germany. They are freeloading on the USA, just like they do on defense spending. Americans pay higher pharma prices because of Germany's tactics. It is time for the Trump Admin to use Section 301 tariff authority to hold Germany accountable on this pharma pricing abuse. This trend of Germany and the rest of Europe freeloading off of the USA has to end.

The USA is responsible for nearly 45% of all pharmaceutical drug innovation worldwide, most of the funding coming from American taxpayers. Yet we pay 3x more for pharma drugs than Germany and the rest of Europe. Germany doesn't fund R&D, but then they force pharma companies to sell drugs cheaply in Germany. They are freeloading on the USA, just like they do on defense spending. Americans pay higher pharma prices because of Germany's tactics. It is time for the Trump Admin to use Section 301 tariff authority to hold Germany accountable on this pharma pricing abuse. This trend of Germany and the rest of Europe freeloading off of the USA has to end.

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