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The Dangerous Prospect of RFK Jr.'s Influence on Global Health


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Drug prices

Like political leaders on both sides of the aisle, Kennedy has supported measures to lower drug costs.

“Legislators should cap drug prices so that companies can’t charge Americans substantially more than Europeans pay,” Kennedy wrote in a Wall Street Journal op-ed in September.

Kennedy pointed to Ozempic, Novo Nordisk’s popular diabetes drug, as an example, noting how in Germany the drug costs less than one-tenth of its cost in the U.S., where the list price is around $1,000 per month. It’s a similar criticism as the case made by Senator Bernie Sanders, I-Vt., against Novo and Eli Lilly for charging too high a price for their diabetes and weight loss medicines.

During his first term, Trump issued an executive order that would have required Medicare to pay no more than the lowest prices in other OECD countries for drugs. CMS proposed what became known as “the most favored nation” model in November 2020, after Trump lost the election, but it was rescinded before the end of the year.

While Trump has since backed away from the policy, Kennedy’s past support suggests how the idea may still circulate in a second Trump administration.

 

Source: https://www.biopharmadive.com/news/rfk-jr-trump-administration-pharma-fda-policies-views/732367/

Posted
3 minutes ago, JonnyF said:

 

As I've said before, the left are exactly what they accuse you of being. 

 You seem disconnected from reality, danderman would like to say

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Posted

Americans should Google "Mark Cuban's cost plus pharmacy"

 

Game changer. I'm sure Big Pharma is none too pleased, but Cuban is already a billionaire and doesn't care.

Posted
10 minutes ago, john donson said:

people here allergic to a man that wants to clean up the joke that FDA, CDC , other 3 letter agencies are... they are in the pockets of big pharma

 

google:   big pharma biggest fines

 

maybe, just maybe your eyes might open just a little, probably not...

This is in relation to Vioxx.

By August 2005, 13,000 class action lawsuits had been filed against Merck. By November 2007, Merck had created a settlement fund of $4.85 billion USD, the largest ever in US history at the time. Merck agreed to compensate victims in exchange for a no-fault agreement – specifically, no legal admission of fault. Yet payment of $4.85 billion USD in compensation to claimants could clearly be interpreted as an admission of fault.25,26
When the Vioxx scandal broke, Merck had a capital market value of between $40 and $50 billion USD. Despite the greatest drug scandal in the world, enormous fines and atrocious damage to image, Merck has continued to grow in the last 2 decades and has increased its value six-fold to over $300 billion USD.
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