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News September 13, 2020

The Week in Review in Prescription Drug Pricing

By P4ADNow Team

1. Even More Pandemic Price Hikes

  • Amid the backdrop of the COVID-19 pandemic, drug companies have hiked the prices of 645 brand-name drugs this year, including those used to treat chest pain and depression. Time and again, pharma companies display limitless greed. — (AnalySource)
     

2. Leave No One Behind

  • It’s been five years since “pharma bro” Martin Shkreli increased the price of the medication Daraprim by over 5,000 percent to $750 per pill — and the drug still costs that much. Widespread outrage has not stopped drug corporations’ unchecked powers to increase prescription drug prices. We must reform the system to serve all patients — and that means lowering drug prices for all conditions. — (Roll Call)

3. System of Patent Abuse

  • In a new podcast, host Angela Glover Blackwell and Priti Krishtel, the co-founder of the drug patent watchdog organization I-MAK, discuss how Big Pharma’s patent abuses disproportionately harm people of color. The fight for health equity must include tackling drug companies’ monopoly pricing power. — (Radical Imagination)

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