Taxpayers fund research and drug companies make a fortune

 

Source: David Mitchell, Patients for Affordable Drugs, N.Y.Times Op Ed ( Paid Registration )

The director of the Centers for Disease Control and Prevention is worried about how Americans will pay for vaccines in the future. As well she should be.These vaccines, which are critical to ending the scourge of Covid-19, were developed with government funding and purchased for $10 to $19.50 per dose with taxpayer dollars. Now they are poised to jump in price — a lot, if you listen to the stated intentions of vaccine producers. Pfizer’s chief financial officer, recently noted that vaccine prices are normally $150 to $175 per dose.

We can start by allowing Medicare to negotiate the prices it pays for medicines and vaccines, which the U.S. government is precluded from doing now.

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