Posted March 6, 2021
A new Congressional report explains how Big Pharma earns billions of profits from often ineffective and unsafe and almost always super expensive drugs. Action Alert! The report, released by Congresswoman Katie Porter (CA-45), details the monopolistic practices of Big Pharma, finding that mergers in the industry destroy innovation and competition. The result? Few, if any, life-saving medications for diseases with few or no cures, but rather small tweaks to existing drugs to stave off generic competition to their “government-granted monopoly patents.” These are ideas ANH-USA has communicated for years. Read more.