WASHINGTON—Foreign governments are taking unfair advantage of American drug company research and U.S. consumers by artificially suppressing drug prices abroad, a new study from the White House said.
The findings suggest drug pricing could become another source of friction between the U.S. and trading partners, similar to China’s appropriation of U.S. intellectual property and European “digital taxes” on big American technology companies.
I feel so bad for foreign drug manufacturers who are suffering. It’s so horrible that they can’t charge their patients $500 a month for Eliquis. Poor drug companies.
Bullshit
Wow, this is one of the most hilarious White House “studies” thus far. So, is the US gonna sanction entities/countries for allegedly suppressing drug prices abroad?
Suppressing?
Buuuuuull shiiiiiiiiiit
Forcing higher prices to be paid by Americans so there are high enough profits to pay for continuing & future research & development of new drugs
You know you don't have to take everything they say at face value, right
WOW. Wall St Journal wrote this crap? They actually think governments should be in cohoots to keep medicine at a high cost? Our insulin comes from France & UK and no they don't need to charge 300 a vial, its the US pharma co's and all the middlemen that are greedy.
“Foreign governments are less beholden to Big Pharma” There fixed your headline.
NFK, been saying this for 20 years...
That’s awesome
Hahahahahahahaha....*deep breath*....hahahahahahaha...omg that is a hilarious headline. $300 insulin that hasn't changed in 25 years is being taken advantage of? Hahahahahahahaha......
One of the greatest international transfers of wealth of all time
Whitehouse study That sounds credible lol . Do you notice the members of the Republican party that receive healthcare paid for by the government don't refer to that as socialism only if you the tax payer get government healthcare then that's socialism It works
Negotiating prices is the standard in every civilized country and thanks to it our citizens aren't afraid they'll end up homeless if they get sick and fall in debt. If only there was a presidential candidate that promises to start doing the same in the US... NotMeUs Bernie2020
Its call fight for you citizens over corporations a radical idea in the US , I am sure.
As someone who lived and worked as an expatriate for 20+ years in Latin America and Asia, the dispartity in prescription drug prices between the US and other countries is just stunning. Even with good insurance it is more cost effective for us to stock up when we travel abroad.
for erikmouthaanRTL check your sources .. maybe eu should go to wto for this ?
Drugs prices are negotiated not ‘suppressed’ elsewhere. Something Congress could correct if it were not in the pocket of Pharma.
is this the onion?
It's called the art of the deal. Tell Donald.
Or maybe the drug companies are taking unfair advantage of the American public.
Sure, why not.
We're not taking any advantage: we negotiate prices with big pharma.
Wrong! They overcharge in this country Why are Republicans soooo stooopid
OR, America is just dumb, not doing the same.... Just sayin...
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