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erronis

(17,156 posts)
Tue Dec 24, 2024, 11:03 AM 21 hrs ago

How big pharma keeps affordable drugs out of reach - video -- TheGuardian

https://www.theguardian.com/business/video/2024/dec/19/how-big-pharma-keeps-affordable-drugs-out-of-reach-video


Pharmaceutical corporations claim high prices are the cost of innovation, but the reality is far more complicated — and troubling. In 2030, the patents of some of the world’s best-selling drugs will expire, an event called the 'patent cliff', and companies are doubling down on tactics such as 'evergreening' patents and pay-for-delay deals to keep prices high and competition out.

In this video, Neelam Tailor uncovers the shocking strategies big pharma use to game the system, explaining how these moves protect profits but hurt patients

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