3 ms·
We should also not forget the $1B in drug advertising spend that must be recouped. People from other countries are frequently dumb-founded when they see US tv w
by snarf21 2y ago
We should also not forget the $1B in drug advertising spend that must be recouped. People from other countries are frequently dumb-founded when they see US tv with prescription ads. Also look at all the companies buying up old drugs and immediately raising the price 10X or more.
- oceanplexian 2y agoDoesn’t advertising drive prices down? For example there is currently a booming industry for GLP-1s and the prices are dropping as the drug is becoming more available. Consumers know they have lots of choices and therefore price discovery is occurring.