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Five sourced findings raise a basic question: are high drug prices funding discovery, or rewarding the companies best positioned to acquire, market, and extend the life of discoveries made elsewhere? Rob Burgess follows the money behind the innovation defense.

Americans For Pharma Reform

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110,800 views • 2 months ago •via X (Twitter)

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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.

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Q: Are you concerned that the renewed war in Iran will raise inflation? Trump: Well, look, we're making a lot of money. The defense companies are doing great.

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What really drives innovation in defense aviation? Experience! In this clip from a recent Stocktwits interview, CEO Brandon Robinson, a former Royal Canadian Air Force fighter pilot, talks about missions like extracting downed pilots behind enemy lines, and how they exposed major gaps in current aircraft: high costs, complexity, and limited flexibility. Those experiences helped shape the thinking behind the Cavorite X7, built for efficiency, reliability, and the ability to operate without traditional runways. With new defense strategies unlocking non-dilutive funding, Horizon Aircraft is well positioned at the intersection of innovation and opportunity.

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Boebert: I rise to give notice of my intent to raise a question to the privileges of the house. The form of the resolution is as follows impeaching Joseph R. Biden Jr., President of the United States, for high crimes and misdemeanors.

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The pharmaceutical industry's three largest spending categories: advertising to create demand, executive compensation, and lobbying to protect the system that funds both. Research is what gets cut when a CEO wants a raise. The innovation argument for high drug prices requires research to be the priority. The financial filings show it's the variable.

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Angry about airfares? Airlines merged from 12 carriers in 1980 to 4 today. Upset about grocery prices? 3 companies control 70% of grocery sales in 167 cities. Mad about drug prices? A handful of drug companies control the pharmaceutical industry. Monopolies are the problem.

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For the first time in human history you can trade the stock equivalent of private companies on a liquid market with realistic funding rates TradeXYZ just launched pre-IPO stock trading, and most people don’t realize how massive this is gonna be There are more private companies in the world than public ones And you’ve never been able to trade them unless you were a VC, an accredited investor, or on the founding team, but TradeXYZ just changed that And because pre-IPO price discovery is now completely untethered from funding rounds and external price oracles, price can go as high as there are buyers Pre-IPO companies will start quoting the TradeXYZ pricing to justify higher valuation rounds, which will in turn raise the multiple of the valuation on TradeXYZ, creating a positive feedback loop of higher and higher prices And this is going to create a massive speculative mania:

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The crushing inflation is a threat to our Montana way of life. I’m working to curb Joe Biden and Senate Democrats’ reckless spending behind the high prices Montanans are seeing from the gas pump to the grocery store.

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🇺🇸 SEC. RFK JR: AMERICANS ARE ABOUT TO HAVE THE LOWEST DRUG PRICES IN THE DEVELOPED WORLD RFK Jr.. announced sweeping new agreements with major pharmaceutical companies to drive down medication costs nationwide: “We’ve now made agreements with the five biggest pharmaceutical companies. We have twelve more in the lineup to make agreements. By the time this administration leaves office, 95% of the drugs in this country will have the lowest price of any nation in the developed world. Americans are already getting the benefits from these. These companies are already lowering these prices dramatically.” Source: HHS Rapid Response

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.@DrMakaryFDA: "Today marks the the beginning of the end of the great American rip off, and it also marks the beginning of the end of a great American tragedy; something I’ve seen as a physician at the bedside — patients getting spun up into a financial rage... to try to get enough money to pay for a drug... a drug that's five or ten times more expensive than the same drug in France or Germany or the UK."

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139,493 views • 1 year ago

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