$67 in France and $798 in US–Why Prescription Drug Prices Are so High in US

[Duaine]

Prescription drugs cost more in the United States than anywhere else in the world. President Donald Trump and some bipartisan senators want to change that.

Trump has so far issued several actions related to prescription drug prices. The latest, announced May 12, is a Most Favored Nation Prescription Drug policy, requiring pharmaceutical companies to offer their lowest price to U.S. customers.
An earlier order aimed to ensure that the middlemen in the drug supply chain can't hold on to rebates provided by pharmaceutical companies and instead must pass savings on to Medicare beneficiaries.
In all, the president has taken at least a dozen actions to reduce prescription drug costs, while no less than nine Senate bills aim for the same results.

Some of these ideas have been introduced before.

Trump's Most Favored Nation pricing plan was introduced near the end of his first term.

Prescription Drug Price Comparison

Gross prices given in U.S. dollars
Table with 5 columns and 4 rows.

Drug Name	United States	Australia	Ontario, Canada	France
Xarelto Oral Tablet 15mg	471	64	78	67
Trulicity Subcutaneious Solution 1.5mg, 5ml	798	Not Covered	Not Covered	89
Tremfya Subcutaneous Solution 100mg / 1ml	11,437	2,594	Not Covered	1,991
Remlivid Oral Capsule 5mg	22,048	4,723	7,716	Not Covered

Based on 2021 reporting by the Government Accountability Office
Table: The Epoch TimesCreated with Datawrapper

[EXTERNAL LINK] - $67 in France and $798 in US–Why Prescription Drug Prices Are so High in US

 

[annon123]

Prescription drugs cost more in the United States than anywhere else in the world. President Donald Trump and some bipartisan senators want to change that.

Trump has so far issued several actions related to prescription drug prices. The latest, announced May 12, is a Most Favored Nation Prescription Drug policy, requiring pharmaceutical companies to offer their lowest price to U.S. customers.
An earlier order aimed to ensure that the middlemen in the drug supply chain can't hold on to rebates provided by pharmaceutical companies and instead must pass savings on to Medicare beneficiaries.
In all, the president has taken at least a dozen actions to reduce prescription drug costs, while no less than nine Senate bills aim for the same results.

Some of these ideas have been introduced before.

Trump's Most Favored Nation pricing plan was introduced near the end of his first term.

Prescription Drug Price Comparison

Gross prices given in U.S. dollars
Table with 5 columns and 4 rows.

Drug Name	United States	Australia	Ontario, Canada	France
Xarelto Oral Tablet 15mg	471	64	78	67
Trulicity Subcutaneious Solution 1.5mg, 5ml	798	Not Covered	Not Covered	89
Tremfya Subcutaneous Solution 100mg / 1ml	11,437	2,594	Not Covered	1,991
Remlivid Oral Capsule 5mg	22,048	4,723	7,716	Not Covered

Based on 2021 reporting by the Government Accountability Office
Table: The Epoch TimesCreated with Datawrapper

[EXTERNAL LINK] - $67 in France and $798 in US–Why Prescription Drug Prices Are so High in US

Of course doing that will drive the prices everywhere up a bit as pharma won't like the lost profits. But at least seniors (and others in the USA) won't be subsidizing the lower prices elsewhere. Good thing medicare is explicitly included since medicare prices make up for lost profits in this country from medicaid, the VA, and other insurance plans - employee, ACA, etc.

 

[Special Agent]

Of course doing that will drive the prices everywhere up a bit as pharma won't like the lost profits. But at least seniors (and others in the USA) won't be subsidizing the lower prices elsewhere. Good thing medicare is explicitly included since medicare prices make up for lost profits in this country from medicaid, the VA, and other insurance plans - employee, ACA, etc.

i didn't hear him mention restricting pharma from doing direct to consumer advertising which increases the demand and therefore increases the price of drugs.it also increase cost to to pharma for marketing cost .the fact that other countries don't allow drug advertising is one of the reasons their prices are lower.

 

[Duaine]

TV ads for prescription drugs should be banned. They flash the "warnings" to quicky to read. The actors are dancing, skydiving, sitting in two tubs holding hands while the "warning you may die" is hidden in plain sight in small letters.

Examples of Drug Warning Labels and Associated Side Effects:

• Black Box Warning:
  This is the most severe type of warning, requiring the medication label to prominently display a black box around the warning text. It highlights the most serious risks, such as increased risk of bleeding (e.g., Coumadin), increased risk of heart failure (e.g., Rosiglitazone), or increased risk of suicidal thoughts in children (e.g., SSRIs)
• Certain medications, particularly SSRI antidepressants, have been linked to an increased risk of suicidal thoughts and behaviors, especially in pediatric patients
• NSAIDs (nonsteroidal anti-inflammatory drugs) can increase the risk of gastrointestinal issues like ulcers and bleeding.
• Female oral contraceptives, hormone therapy, and testosterone replacement products have been associated with an increased risk of blood clot formation.
• Certain medications, like antibiotics, can trigger allergic reactions, ranging from mild skin rashes to severe reactions like angioedema or anaphylaxis.

 

[Special Agent]

TV ads for prescription drugs should be banned. They flash the "warnings" to quicky to read. The actors are dancing, skydiving, sitting in two tubs holding hands while the "warning you may die" is hidden in plain sight in small letters.

Examples of Drug Warning Labels and Associated Side Effects:

• Black Box Warning:
  This is the most severe type of warning, requiring the medication label to prominently display a black box around the warning text. It highlights the most serious risks, such as increased risk of bleeding (e.g., Coumadin), increased risk of heart failure (e.g., Rosiglitazone), or increased risk of suicidal thoughts in children (e.g., SSRIs)
• Certain medications, particularly SSRI antidepressants, have been linked to an increased risk of suicidal thoughts and behaviors, especially in pediatric patients
• NSAIDs (nonsteroidal anti-inflammatory drugs) can increase the risk of gastrointestinal issues like ulcers and bleeding.
• Female oral contraceptives, hormone therapy, and testosterone replacement products have been associated with an increased risk of blood clot formation.
• Certain medications, like antibiotics, can trigger allergic reactions, ranging from mild skin rashes to severe reactions like angioedema or anaphylaxis. View attachment 18468

they should at least require that happy music isn't playing in the background as they scroll through the side effects maybe even require a standard scary music background soundtrack before they cut back to that big gal singing that upbeat Jardiance is really swell song.

 

[Duaine]

Perfect soundtrack visual for their ads:

 

[EckoRomeo]

i didn't hear him mention restricting pharma from doing direct to consumer advertising which increases the demand and therefore increases the price of drugs.it also increase cost to to pharma for marketing cost .the fact that other countries don't allow drug advertising is one of the reasons their prices are lower.

Ads have marginal effect on costs. Advertising makes up around 10% of operating budgets. And any increase demand caused by marketing is easily tempered by the cost and the fact that prescriptions are administered through insurance companies while others countries aren't.

The disparity in costs is almost solely because other governments require pharmaceutical companies to sell to them at below market rates, then the pharmaceutical companies make up for those loses here. The US accounts for about 50% of pharmaceutical revenues while only being less than 5% of the global population. China is a distant 2nd at 7% or revenues.

The U.S. funds pharmaceutical research and breakthroughs, while other countries freeload.

 

[Duaine]

Drug Advertising spending in the U.S.

• US Advertising Spend:
  .Opens in new tab
  The US is the largest advertising market globally, with total advertising expenditure projected to be $389.49 billion in 2025.
  
  
• • Digital Advertising in the US:
    .Opens in new tab
    Digital ad spend in the US is expected to reach $298.4 billion in 2024, representing a significant portion of the total.
    
  • Digital Media Dominance:
    .Opens in new tab
    Over three-quarters of US ad spending is expected to go towards digital channels like mobile, desktop/laptop, and connected TV.