capitalism
capitalism
Out of context: Reply #659
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- utopian6
Drugmakers to hike prices for 2021 as pandemic, political pressure put revenues at risk.
Drugmakers including Pfizer Inc, Sanofi SA, and GlaxoSmithKline Plc plan to raise U.S. prices on more than 300 drugs in the United States on Jan. 1, according to drugmakers and data analyzed by healthcare research firm 3 Axis Advisors.
vs.
Drugmakers agree to halve prices to get on China state insurance list.
Drugmakers have agreed to cut prices by around 50% on average for more than 100 medicines in order to have them included in China’s state medical insurance scheme from March, potentially heralding a massive leap in sales.
- https://www.reuters.…utopian
- https://www.reuters.…utopian
- https://finance.yaho…utopian
- Here’s what’s really happening: Drug prices are reduced by 50% but FED print so much money, inflation means you pay 50% more for said drugs.shapesalad
- As long as they are driven by shareholders, they'll always seek to increase profits/reduce benefits. It's just math, after all.formed