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Saturday, October 10, 2009
Want to cut cost as part of health care reform? Start here!
Reiterating once again that Pharmaceutical companies are the big cost inflater in our health care business (they consistently make huge profits among the Fortune 500 companies even in an economic downturn), this video points your attention to biologics and under-the-radar pharma proposals to keep these life-saving medicines overpriced far longer than it needs to cover the R&D costs that it never spent (many of these drugs are developed by governmental/non-profit organizations like the NIH or university research labs).