Medicine prices in the United States are the highest in the world. This is why the pharmaceutical industry is the most profitable of all businesses in the U.S. Pharmaceutical companies argue that the prices are necessary to continue to fund research.
Critics {Me included} point out that only a small portion of the drug companies' expenditures are used for R & D, with the majority spent in the areas of marketing and administration.
Pfizer (as patent expires) is planning to buy Astra Zeneca for $119 Billion for a reason. The Brand name medications and R&D is worth that much in US high prices.
U.S. Customs estimates 10 million U.S. citizens bring in medications at land borders each year or online pharmacies. Yet this is not Legal.
The Law must be changed to allow persons or organization to import medicine (Approved in USA) freely from Canada, Britain, etc. So US citizen pay what the Canadian or British pay for the same medicines. That is Free Market Prices and Competition.
Just a [Free Market] thought.
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