Often referred to as “broken, inefficient, and expensive” our healthcare system is one desperately need of innovation. Riddled with expensive problems that require expensive solutions, many are struggling to find the proper care they need at an affordable price. And Big Pharma companies are a huge part of the problem.
According to an article from the Washington Post, 78 percent of the newly patented drugs approved by the USDA correspond to medications already on the market. Essentially, these Big Pharma companies are rebranding (and redistributing) the same medications over and over again to make an easy profit, without actually bringing any new, innovative medications to market.
Source url: Utah Business