Senate Votes Against Bill Allowing Americans To Buy Cheaper Medicine From Outside of U.S.http://www.allheadlinenews.com/articles/7007284767
28 Senators vote to maintain Big Pharma monopoly over U.S. consumers; Republicans oppose free trade for medicine
Americans currently pay the highest prices in the world for prescription drugs. Canadians, Europeans, and even citizens of Mexico pay only about one-half to as little as one-tenth the price paid by Americans for the very same chemicals.
Drug companies mark up their prescription drugs as much as 569,000% over the price of the raw materials. (A typical markup is more in the 30,000% - 50,000% range.) Retailing pharmaceuticals is hugely profitable.
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