- Sanders Bill Would Replace Drug Monopolies with Prizes: “In 2006, consumers worldwide paid an estimated $643 billion for pharmaceuticals. Legal monopolies on the sale of new drugs were responsible much of this, perhaps as much as $400 to $500 billion of the total.” http://www.huffingtonpost.com/james-love/sanders-bill-would-replac_b_69219.html 6 comments politics
- Patent monopolies create as much as a $500 billion dollar per annum price premium for new drugs which can be manufactured and distributed for 1 to 5 percent of brand name prices. The Medical Innovation Prize Fund Act would replace drug monopolies with prizes at a cost of US$80 billion per annum http://www.huffingtonpost.com/james-love/sanders-bill-would-replac_b_69219.html 3 comments politics
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