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Mark Cuban is selling Albendazole, the well-known anthelmintic that has been at market since 1975. Current sticker price of Albenzazole in US: several hundred

Mark Cuban is selling Albendazole, the well-known anthelmintic that has been at market since 1975. Current sticker price of Albenzazole in US: several hundred dollars. Cost in the developing world: a few pennies, according to Wikipedia. Is this a joke? Would the government rouse itself to negotiate prices with manufacturers, like it does in the developed world? We'll have to wait four more years, with Mr Joe "Nothing will fundamentally change" Biden.

tomcam 6y ago
> Would the government rouse itself to negotiate prices with manufacturers, like it does in the developed world? Well... the previous occupant of the White House tried to do exactly that and was struck down by the courts. https://www.fiercepharma.com/pharma/fierce-pharma-politics-judge-blocks-trump-s-most-favored-nations-drug-pricing-rule https://www.fiercepharma.com/pharma/fierce-pharma-politics-j...
- HarryHirsch 6y ago
  The government isn't just the executive branch, there's also the legislative. The courts just interpret current laws. It's Congress and the Senate that need to act, but they won't. They are financed by people like Marc Cuban who buy politicians to increase their wealth even further, as seen here. The complete disregard for public health actually makes me angry. Here's more: https://www.ft.com/content/f0080fe4-c3ad-11e6-9bca-2b93a6856354 https://www.ft.com/content/f0080fe4-c3ad-11e6-9bca-2b93a6856... A common anthelmintic is somewhere north of 400 dollars in US but in Britain it's something like 5 pounds. Profits for the well-connected, pinworm for those that can't afford it. Pharma markets are funny, of course there is a monopolist, given the size and entry requirements, consequently you need a monopoly buyer. Can the government please wake up and govern?