#pharmaceuticals

"Trump claimed drug companies would be forced to give Americans the lowest prices in the world. ... Now reality has arrived. And it brought the receipts. As of yesterday, drugmakers are raising U.S. prices on at least 350 branded medications—up sharply from 250 last year." ~ Michael Cohen #Trump #DrugPrices #pharmaceuticals #healthcare #prices /1 https://www.meidasplus.com/p/the-most-fooled-nation

So the UK has agreed to raise the price it pays for US-supplied medicines as part of a deal to avoid tariffs on UK pharmaceutical exports to the USA.... but the Treasury is not allowing for this price rise in its NHS budgetary settlement. So, its one more mechanism to transfer NHS spending to the private sector while worsening the budget pressures on the health service. Resident Doctors might also ask: if you can find £1.5bn for this, where's our money? #NHS #pharmaceuticals #politics h/t FT