FW: OT Why drug prices are high

[Guest guest]

I just found this old message and it reminded me of the message traffic

yesterday (or the day before) about Dr's and the cost of meds. El

The best revenge is to get well!

rheumatic OT Why drug prices are high

This is what is meant by protectionist legislation...

Source: Mercola Blog

Americans currently pay the highest prices in the world for prescription

drugs. Canadians, Europeans, and even citizens of Mexico pay only about

one-half to as little as one-tenth the price paid by Americans for the very

same chemicals. Drug companies actually import many of the raw materials

used in drugs from other countries, meaning that some U.S. medicines are

already sourced from countries like the U.K. and Germany.

Drug companies mark up their prescription drugs as much as 569,000% over the

price of the raw materials. A typical markup is more in the 30,000% -

50,000% range. Retailing pharmaceuticals is hugely profitable. There is no

business in the world with more profit built into the retail price of the

product. How many business owners would like to have those profit margins?

The purpose of restricting Americans from buying drugs from other countries

is to enforce a medical monopoly in the United States, forcing consumers to

purchase drugs at the highest prices in the world, further padding the

profits of powerful and influential pharmaceutical corporations who exert

strong influence over the U.S. Congress.