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Mehmet Oz: “70% of their [pharmaceutical companies'] profits are made in…”

Featuring: Mehmet Oz, Republican | Administrator of the Centers for Medicare & Medicaid Services | National

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Dr. Oz on the future of Medicaid and AI health care | The Conversation

Published | Video Starts at 11:20

Then the question is, what needs to happen? This is where the President's art of the deal comes in. Because the pharmaceutical executive challenge is not just what happens in America. Remember, 70% of their [pharmaceutical companies'] profits are made in America. Even though we're only 4% of the world population. and we're funding all the research, so what is the right number? Well, they'll say, well, can you help us in Europe? Can you help us in Asia? (11:20–11:26)

CLAIM

Asserts that 70% of pharmaceutical profits are from the U.S., which has 4% of the world population.

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