It engages in what's called cross subsidization across global markets. And because of our status in terms of income levels and how price elasticity work, We pay higher prices for drugs than foreigners in other countries do where incomes are lower. That's just. That's just wrong. I mean, we're not here to make money for Big Pharma. We're here to protect the American people. Yes. How's Mike doing? He's doing very well. (12:18–12:27)
CLAIM
Asserts that Americans pay higher drug prices compared to other countries.
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