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Posted: 2025-04-13 08:39:56 UTC
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Status
Last Updated
2025-04-13 08:50:53 UTC
Verified By
Rollup News
The thread argues that bringing pharmaceutical production back to the US won't solve the problem of high drug prices because the issue lies within the American system of Big Pharma and private insurers acting as a cartel. China is advancing in biotech, and Wall Street invests in Chinese drugs only to resell them at inflated prices in the US. The real issue is Wall Street's treatment of life-saving medications as an asset class, leading to exorbitant healthcare costs.
High drug prices are due to the American pharmaceutical system, not the location of drug production.
Bringing pharma home won't fix the system and may increase costs.
China is advancing in biotech and producing miracle drugs.
Wall Street profits by reselling Chinese drugs at inflated prices in the US.
Life-saving meds are treated as an 'asset class,' leading to high healthcare costs.
Big Pharma and private insurers acting as a cartel to inflate prices.
Lack of domestic pharmaceutical manufacturing infrastructure in the US.
High costs of labor, energy, and compliance in the US.
Wall Street's treatment of life-saving medications as an asset class.
Exorbitant healthcare costs, including MRIs, ambulance rides, and hospital bills.