Big Pharma companies defending skyrocketing prices on the Hill

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CEOs from seven major pharmaceutical companies testified today on Capitol Hill, defending the soaring costs of prescription drugs.

Americans spent more than $300 billion on prescription drugs last year alone and that’s set to get even higher.

Right now, the heads of seven major pharmaceutical companies are on Capitol Hill, trying to defend the skyrocketing costs. Ali Velshi and Stephanie Ruhle are joined by Hippo’s Chief Patient Advocate, MJ Hegar, who claims to have the answer to all of this.

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 /  🏆 469. in TH
 

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Talk about lying to congress,these guys should all be locked up if they think they can seriously justify what they have done 😡😡😡

A dozen commercials every 30 minutes on TV aren’t cheap either.

It would appear that their eyes are glazing over.

They will burn on the tenth level of hell

Why is senatormenendez on this Committee he was having sex with underage prostitutes -- which, btw, is what fuels human trafficking.

Now what...I'm ready to see this outcome...

Take back their patents 😑

Of course bc it lines their pockets. They don't care about the medically needy consumer!

Still relevant?

This dog and pony show is nothing but political theater. I'll take notice when legislation is signed into law that treats the pharma cos. just like they're treated in other countries. Large purchases demand bulk discounts. Hear that Centers for Medicare & Medicaid?

Thanks Obama!

THEY HAVE NO DEFENSE!!

These ppl are criminal, they didn't give one decent reason why drugs are ridiculousy expensive in the USA. Not one!!!

Hilarious. Drug companies have produced some of the most beneficial things, and they are vilified for it. Like being a cop or teacher in a bad neighborhood.

DEATH TO CAPITALISM!!

What did they expect?!

DennisCardiff Those Lamborghini’s and ruby tongue depressors ain’t gonna buy themselves

So, Socialism is bad. Yet...we condone THIS?!?!? SMH

Crooks! Everyone of them.

That's wicked, greedy cabal right there.

NO excuse for GREED.

You bet they defend their livelihoods!

How many gave donations to various campaigns?

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