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Pfizer says it will price Covid treatment Paxlovid at nearly $1,400 for a five-day course, which researchers estimate only costs Pfizer $13 to produce.
That's a 10,000%+ markup. Shameful.
Medicare is now able to negotiate with drug companies on drug prices. Now we just need to bring it home by electing enough politicians (that are open to the idea of course … so Democrats and likely more progressive Democrats), that a Medicare for all option is also added.
Biden took the first steps towards combating this in the US with the Inflation Reduction Act: https://www.hhs.gov/about/news/2023/03/15/hhs-releases-initial-guidance-historic-medicare-drug-price-negotiation-program-price-applicability-year-2026.html
Medicare is now able to negotiate with drug companies on drug prices. Now we just need to bring it home by electing enough politicians (that are open to the idea of course … so Democrats and likely more progressive Democrats), that a Medicare for all option is also added.