The Cost of Innovation
John Abramson discusses the cost of drugs like Humira, which is advertised for rheumatoid arthritis. He compares it to methotrexate, which is significantly cheaper and slightly better than Humira. The conversation highlights the fact that drug companies are interested in their own profits, not necessarily providing more effective healthcare. Innovation is a business concept that replaces currently used products with more expensive and profitable ones. Until Americans are willing to acknowledge this, the drug companies will continue to fight against meaningful reform.In this clip
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The Jordan Harbinger Show
709: John Abramson | How Big Pharma Broke American Health Care
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