The American pharmaceutical industry is rigged to make a handful people fabulously wealthy while everyone else gets screwed over. Because of intricate patent laws, we pay double what people in 29 other rich countries pay. Experts and change-makers Priti Krishtel and John Arnold join Nick and Jasmin to explain how we got into this mess (Monopolies! Patent law!), and what we can do about it.\u00a0<\/p>
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Priti Krishtel is the Co-Founder and Co-Executive Director of I-MAK, a global organization that works to increase access to lifesaving medicine. A 15-year veteran of the global access to medicines movement, she helped lead the movement to a pivotal moment in treatment access history with the passage of a health-friendly patent law.\u00a0<\/p>
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Twitter: @pritikrishtel<\/a><\/p> @IMAKglobal<\/a><\/p> John Arnold is a former hedge fund manager who, with his wife Laura, now focuses on advocacy through their organization Arnold Ventures. Arnold Ventures has distributed more than $175 million in grants to over 80 healthcare nonprofit organizations, universities, and institutes with the ultimate goal to lower healthcare spending without compromising quality.\u00a0<\/p> Twitter: @JohnArnoldFndtn<\/a><\/p> Further reading:\u00a0<\/p> It\u2019s Time for Pharmaceutical Companies to Have Their Tobacco Moment: https:\/\/www.nytimes.com\/2019\/02\/24\/opinion\/drug-prices-congress.html<\/a><\/p> A Humira Prescription Costs $38,000 A Year Because Our Patent System Is Being Abused: https:\/\/www.huffpost.com\/entry\/opinion-humira-costs-patents_n_5bd0c893e4b0a8f17ef3961f<\/a><\/p> How Big Pharma Reaps Profits While Hurting Everyday Americans: https:\/\/www.americanprogress.org\/issues\/democracy\/reports\/2019\/08\/30\/473911\/big-pharma-reaps-profits-hurting-everyday-americans\/<\/a><\/p> Comprehensive Reform to Lower Prescription Drug Prices: https:\/\/www.americanprogress.org\/issues\/healthcare\/news\/2019\/01\/29\/465621\/comprehensive-reform-lower-prescription-drug-prices\/<\/a><\/p> A Supreme Court victory for lowering drug prices: https:\/\/thehill.com\/opinion\/judiciary\/385326-why-scotus-ruling-in-oil-states-v-greenes-energy-group-is-a-win-for-working<\/a><\/p> How a billionaire couple greased the skids for Nancy Pelosi\u2019s drug pricing bill: https:\/\/www.statnews.com\/2019\/11\/26\/laura-john-arnold-billionaire-greased-the-skids-for-drug-pricing-bill\/<\/a><\/p> Billionaire Philanthropist John Arnold On Drug Prices: Congress Needs to Act: https:\/\/www.forbes.com\/sites\/denizcam\/2018\/11\/29\/billionaire-philanthropist-john-arnold-on-drug-prices-the-congress-needs-to-act\/#b6097ee57a25<\/a><\/p> Millions in U.S. Lost Someone Who Couldn\u2019t Afford Treatment: https:\/\/news.gallup.com\/poll\/268094\/millions-lost-someone-couldn-afford-treatment.aspx<\/a><\/p> Our website: http:\/\/pitchforkeconomics.com\/<\/a><\/p> Our twitter: @PitchforkEcon<\/a><\/p> Our instagram: @pitchforkeconomics<\/a><\/p> Nick\u2019s twitter: @NickHanauer<\/a><\/p>\n \n
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