USA vs Europe: The DEADLY DIFFERENCE of Prescription Drug Pricing | 2023 Comparison

Описание: Do Americans REALLY subsidize the cost of prescription drugs in Europe by paying sky high prices for medications? Why is Big Pharma suing the American Government for enacting European-style drug regulations? How exactly does Europe bargain for their prescription medications? In this video, I dissect the complex factors influencing the prices of prescription drugs, comparing the US and Europe. 🔍

🔸 Key Takeaways:

Overview of the healthcare systems in the US and Europe.
The role of patents and generic drugs in price determination.
How government regulations impact drug prices.
Insights into the pharmaceutical industry's pricing strategies.

💊 Why this Matters: With soaring drug prices affecting millions of patients, it's crucial to understand the core reasons behind these price disparities. Whether you're a concerned patient, a healthcare professional, or just curious, this video offers an eye-opening analysis.

🔗 Related Links:

‪@Vox‬ The true story of America’s sky-high prescription drug prices
   • Why drugs cost more in America  

Infographic: Drug Prices Comparison
https://kffhealthnews.org/news/tag/dr...

Podcast: Interviews with Pharmaceutical Experts
‪@TheProblemWithJonStewart‬
https://www.theproblem.com/episode-9-...

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Episode 121

Jump to Your Favorite Topic 🙌 :
00:00 Intro
02:11 How Europe Negotiates Drug Prices
06:57 How America Negotiates Drug Prices
10:57 Public Utility vs. Private Equity
14:17 Innovation via Venture Capital
18:20 A Thought Experiment