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Scott Gottlieb: “The cost of goods is very low. And so if you can still eke…”

Featuring: Scott Gottlieb, Conservative | Former FDA Commissioner | National

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Pres. Trump's push to lower drug prices 'is a good starting point', says Dr. Scott Gottlieb

Published | Video Starts at 05:49

And also, you know, these cost very little to manufacture. That's just the bottom line. The cost of goods is very low. And so if you can still eke out a profit in Germany, selling it at 50% of the price, you can gain in the US that's still profit to be had. So companies are going to try to sell as much as they can to as many countries as they can based on what those markets are willing to pay. (05:49–05:58)

CLAIM

Asserts that drug manufacturing costs are low, allowing profit even at reduced prices.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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