'It is unacceptable that half of new prescription drugs invented with the help of NIH scientists now cost more than $111,000,' said SenSanders, urging action by the Biden administration to cut prices.
;𠇎ssential reading from @SenSanders @HELPCmteDems on US taxpayers' immense contributions through @NIH to the development of new treatments; despite this, median price is $111,000 & US taxpayers almost always pay more than other countries for these publicly-funded treatments.;”The new report states that"U.S. taxpayers virtually always pay more than people in other countries for treatments that NIH scientists helped invent.
Tecartus and Yescarta, manufactured by Gilead Sciences to treat cancer, both cost $424,000 in the United States, while the price for Tecartus in Germany is $306,000 and Yescarta is $212,000 in Japan. "Congress provided nearly $54 billion for biomedical research across the U.S. government this year" and NIH alone has a $47.5 billion budget,"making it the largest biomedical research funder in the world," the report notes, stressing that"the federal government sets the stage for new medicines with its substantial investments."
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