From Pacific Research Institute <[email protected]>
Subject Learn how lawsuits hinder medical innovation
Date March 20, 2024 11:59 PM
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Lawsuit Against Drug Company Could Quash Future Cures
Forbes | March 19, 2024 | Sally Pipes

Like most pharmaceutical companies, Gilead Sciences Inc. devotes a huge amount of time and money to making sure its products are safe for patients. The U.S. Food and Drug Administration approved its drugs to fight HIV, and these medications have worked remarkably well. It then developed the next generation of HIV medications, and those too have worked well. For that, Gilead is being rewarded with lawsuits ([link removed]) —lots of them.

Read here . . . ([link removed])
Medicare Is Now Unaffordable
Newsmax | Sally Pipes | March 14, 2024

“If anyone here tries to cut … Medicare … I will stop you.” That was President Biden’s ([link removed]) promise ([link removed]) to a joint session of Congress during last week’s State of the Union address.

Some may find such tough talk reassuring. But Biden’s refusal to even acknowledge Medicare’s dire fiscal situation — much less chart a course for the program’s future — isn’t encouraging.

Read more... ([link removed])

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California's single-payer health care boondoggle is back and worse than ever
Fox News | Sally Pipes | March 20, 2024

The tragedy is a state budget of $225.9 billion this year, with a budget deficit ([link removed]) equivalent to nearly one-third of that figure – $73 billion, according to the latest estimate from the state Legislative Analyst’s Office.

The farce is California state Assemblyman Ash Kalra, a Democrat, re-introducing legislation to ban private health insurance and force all Californians into a single, publicly run health plan – at a cost estimated at $391 billion a year the last time he brought it forward, in 2021.

Read more... ([link removed])

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