NEWS: New Report Shows How Badly Big Pharma Is Ripping Off American People With Publicly Funded Medications

Press Release

Date: June 12, 2023
Location: Washington, D.C.

"What makes the greed of the pharmaceutical industry so reprehensible is the fact that the American people are paying twice for some of the most expensive prescription drugs on the market: First through their taxes and a second time at the pharmacy counter. It is unacceptable that half of new prescription drugs invented with the help of NIH scientists now cost more than $111,000. The price of some of these taxpayer-funded drugs is now over $1.9 million. Now is the time for the Biden Administration to take executive action to substantially lower the price of prescription drugs and to take on the unacceptable corporate greed of the pharmaceutical industry."


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