Jake Auchincloss: “Something like $100 billion being spent annually on drugs…”

“I don't think it's where my constituents are at. I think they want direct feedback or direct solutions that matter to them. So I'll give you … Something like $100 billion being spent annually on drugs that could have a competitor but don't. … are the hub of drug development and innovation. I want more of that. 40% of wages paid in Massachusetts are directly or indirectly supported by R and D.” (39:22–39:36)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.