I just hope to God other countries DO finish the work.
@mathowie Now the US is also working to force other countries to pay the same prices for medications that the US does. Because drug companies don’t make enough profit already.
Part of the reason drug prices in other countries are lower is that the US allows companies to play games with formulations and delivery methods in order to keep their patents, even if those changes don’t actually change how the medication performs. Other countries do not allow that.
Remember when Trump promised on the campaign trail that people in the US would pay the same amount for medications that people in other countries do? Well, this is one way to stick to that promise, I guess.
We are simultaneously killing the goose that laid the golden egg and trying to squeeze as much gold out of the remaining eggs as possible.
(PBS in the context of this article stands for “pharmacy benefits scheme.”)
https://www.thesaturdaypaper.com.au/news/health/2025/08/02/exclusive-australia-engage-us-lobbyists-defend-pbs?utm_campaign=SharedArticle&utm_source=share&utm_medium=link&utm_term=VEVgFCVm&token=VPs53lvm
Australia’s Pharmaceutical Benefits Scheme is squarely in the crosshairs of United States Republican senators and the American pharmaceutical industry, who are ramping up pressure on the Trump administration to end what they describe as global “free-riding” on American-funded drug innovation. At stake is the future of the PBS, a system that has long delivered Australians some of the cheapest prices for medicines in the developed world and which now risks becoming a casualty of a broader US effort to recast global pharmaceutical pricing through trade leverage.