Top
image: Mike Mergen / Bloomberg / Getty Images

The problem with high drug prices isn’t ‘foreign freeloading,’ it’s the patent system

June 27, 2018

Via: CNBC
Category:

Americans continue to suffer the highest prescription drug costs of anyone in the world. One in four are unable to fill prescriptions due to high prices, according to a recent poll. And even though drug prices tripled over the last decade, analysts predict they will double again in the next ten years.

We have a runaway problem on our hands, and while new proposals from Congress and the president seek to improve the drug pricing system, we will fail to reach lasting solutions unless we address a root factor in this national crisis: patents.

Read More on CNBC