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American People Pay the Highest Prices in the World for Lifesaving Prescription Drugs That They Helped Create (PDF)
Majority Staff, Committee on Health, Education, Labor and Pensions, U.S. Senate Link to more items from this source
June 13, 2023

12 pages. "[This report documents] the prices of federally supported prescription drugs, focusing on treatments developed with the help of scientists from the U.S. National Institutes of Health (NIH). The average (median) price of new treatments that NIH scientists helped invent over the past twenty years is $111,000.... [For one drug,] NIH negotiated royalties of around 1% on sales, without any pricing constraints.... The average price of new treatments that NIH scientists helped invent over the past twenty years is now more than ten times the price that led NIH to first introduce a reasonable pricing clause in 1989."  MORE >>

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