- April 7, 2020
- 2:49 pm
- By Ralph Wilson
- No Comments
Americans spent $535 billion on prescription drugs in 2018, a 50% increase over 2010. Big Pharma increased prices by 40-70% from 2011 to 2015 while using billions of taxpayer dollars to create and market new drugs. Since the 1930s, NIH has invested $900 billion in forming both the pharmaceutical industry. NIH finances new drug approvals including $100 billion in 118,000 grants …