Pharmaceutical companies hiked the price of 775 drugs this year so far, including Ozempic and Mounjaro — exceeding the rate of inflation

L4sBot@lemmy.worldmod to Technology@lemmy.world – 489 points –
Big Pharma hiked the price of 775 drugs this year so far: Report
arstechnica.com

Pharmaceutical companies hiked the price of 775 drugs this year so far, including Ozempic and Mounjaro — exceeding the rate of inflation::Meanwhile, Senate to consider subpoenas to force pharma CEOs testify on prices.

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What's this US shit? These corps are international and Americans pay more (for meds) than anyone else does out of pocket.

That's "free market capitalism", the US insists on having for ya.

Whoa there. We're not free market capitalism! The capitalists have been very clear that there's too much regulation. They should be able to (checks list)

  • Indenture people who don't pay debts

  • Force employees to live in company towns and get paid with company money. (Does not trade 1:1 with USD, value may change at any time)

  • Fire you to hire your young child. You can have quarter pay to train them. (Fingers not guaranteed)

  • Put whatever they want in food products

  • Put whatever they want in drugs, including straight up cocaine.

  • Deploy armed posses to remove people from areas the people spuriously claim are their houses. Obviously that's actually the company's construction site.

See! There's loads more freedom to be had! Don't worry, people just won't buy from the bad corporations. It's not like they own literally all the brands right?