$101,087,677,294.
That’s how much the U.S. spent on the top 20 prescription drugs in 2020.
But while Big Pharma is making a killing for their shareholders and executives, almost one in three Americans are rationing their prescriptions because they can’t afford them.
How can Big Pharma make so much money off treatments that people need to survive? - They benefit from billions and billions in public investment in research and development.
- They take advantage of patents and other monopoly protections to set prices sky high.
- And they spend a fortune on lobbyists to protect their profits.
President Joe Biden and Health and Human Services Secretary Xavier Becerra have authority under existing law to overcome Big Pharma’s monopolies and lower the price for prescription medicines.
Tell President Biden and Secretary Becerra:
You must fight back against Big Pharma. Through executive action you can stop their monopolies, lower prices for prescriptions, and deliver for the American People.
Add your name now.
Thank you for taking action.
For progress,
- Robert Weissman, President of Public Citizen
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