Jul. 28th, 2020

Drugs!

Jul. 28th, 2020 07:55 pm
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The Orange Man finally takes measures to control drug prices. This is long overdue, IMHO. It doesn't go far enough, but it does allow Americans to reimport drugs from other First World countries, and allows (if I understand correctly) Medicare to finally use their volume as a lever in bargaining. That should knock consumer prices way down. I'd *like* to see a mandate thatdrugs have to be sold in the US as cheaply as they are anywhere else. Not gonna hold my breath on that, though.

*****

It doesn't seem to have hit the news yet, but Ol' Herr Drumpf also swung a deal to get Eastman/Kodak to produce precursor reagents for making drugs, thereby reducing our dependence on Chinese sourcing.

Edit: This is seriously pleasing to me, as I wrote a series of smoking-hot letters a month ago complaining that the US was subsidizing the R&D costs for drugs that other countries got more or less free.

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Rain Gryphon

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