- Americans pay the highest prices for prescription drugs in the world, spending twice as much per person as the average major industrialized country.
- In 2014, more than 35 million Americans choose not to fill a prescription because they felt they could not afford its cost.
- Americans saw prescription drug prices jump 12.6 percent last year, more than double the rise in overall medical costs.
What we need is a national healthcare system that puts people ahead of profits and health ahead of special interests.
For the time being, Sanders' ideas are certainly a threat to the long-term profitability of many pharmaceutical companies, but we won't know for quite some time if any of them will see the light of day. One thing we know for certain if that every big pharma company will be watching this story closely -- and investors in the space would be wise to do the same.
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