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Key excerpt for the libertarians out there who despise "socialism:"
"This is especially scandalous given that U.S. taxpayers, in addition to ponying up for expensive drugs at the pharmacy, actually spend a tremendous amount on subsidies, patent and market protections for the benefit of drug companies. We also pay tens of billions each year in the form of government-funded basic and applied pharmaceutical research and drug development done at organizations like the National Institutes of Health (NIH) — all of which Big Pharma makes use of.
One study shows that from 2010 to 2016, NIH funding contributed to published research associated with every single one of the 210 new drugs approved by the Food and Drug Administration during those years. Yet in return for this largesse, American taxpayers still see drug prices climb each year."
