Heterodox
Or a Tale of two Pricings for the Same Drug, One for the US and another for other countries. Eventually Medicare is going to get around to negotiating with these ten companies for the ten drugs in question here. As taken from one section of Lever News, I have reposted the finding of those ten drugs. What you will see is the pricing for the United States as compared to the pricing in other countries. I do not believe many people are aware of how...
Read More »China Goes Generic! — Dean Baker
Must-read. It's short.Not only does this have a potentially huge impact on Big Pharma, but it is also China poking the US in the eye in retaliation for it regards as humiliation. So it is also "saving face."Perhaps the largest and longest lasting impact of the trade war that is already occurring is the change in attitude of Chinese consumers about American products. The Chinese are very nationalistic and patriotic. They are also ethnically proud and justifiably so based on being able to...
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