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Trans-Pacific Partnership Reveals Deadly Cost of American Patents
Posted on March 11, 2014 by Yves Smith at Naked Capitalism
While US news stories occasionally mention the breathtaking cost of some medications, they almost always skirt the issue of why American drugs are so grotesquely overpriced by world standards. The pharmaceutical industry has managed to sell the story that it’s because they need all that dough to pay for the cost of finding new drugs.
That account is patently false.
http://www.nakedcapitalism.com/2014/03/trans-pacific-partnership-reveals-deadly-cost-american-patents.html
