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The Embarrassing Part about Big Pharma’s Dirty Little Secret
A good definition for the word “chutzpah” is “unmitigated gall.” Here’s a real-life example from a Big Pharma CEO.
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How often are we told that prescription drug prices in the U.S. must be expensive because “if pharmaceutical companies can’t charge high enough prices, they won’t be able to afford the R&D (research and development) costs necessary to develop all the new drugs that sooo benefit all of us Americans?”
Pretty often, right? I know I hear it all the time.
It’s fair to say that a large percentage of Americans have actually been trained by now to believe that line.
Turns out, however, that excuse is:
- factually incorrect;
- self-serving; and
- what Big Pharma CEO grifters and swindlers say to justify squeezing as much money as they can out of sick people in the U.S.
And they squeeze the money out of them down to — and often beyond — their last dollar.
This article by Kat Medium — These Three Pills Cost $613 • We’re being raped by Big Pharma — is a great example of the “Big Pharma Squeeze” and lays the situation out perfectly from a consumer’s/patient’s point of view.
Here’s the roadmap for today:
- U.S. Representative Katie Porter…
