Why U.S. Drugs cost more than in other countries?

Why U.S. Drugs cost more than in other countries?

Why Are Weight Loss Drugs So Much More Expensive in the US? In this eye-opening video, we delve into a recent hearing held by US Senator Bernie Sanders with the CEO of Nova Nordisk, the maker of popular weight loss drugs Wegovy and Ozempic. 🏛️💊 Join us as we explore the reasons behind the significantly higher prices of these medications in the US compared to other countries. We’ll break down four key factors contributing to these costs, including: Lack of centralized price negotiations Pharma companies setting their own prices Greater patent protection The US's open formulary system versus other countries' national formularies Don’t miss this essential discussion on the complexities of drug pricing and what it means for healthcare in America! 👉 Like, comment, and subscribe for more insights on healthcare policy and the pharmaceutical industry! 👉Learn More about PBM Here:    • Why do Pharmacy Benefit Managers Exis...      • Are PBMs abusing their power?   _________________________ Here are all the links that provide certification, training, analytics, and insights to support your most critical functions, from Medical Affairs to Market Access and Commercials. *Accreditation Council for Medical Affairs: https://www.medicalaffairsspecialist.... *Become a Board Certified Medical Affairs Specialist (BCMAS):https://www.medicalaffairsspecialist.... *Become a Prior Authorization Certified Specialist (PACS):https://www.priorauthtraining.org/?ut... *Become a Biologics & Biosimilars Specialist with BCBBS:https://www.medicalaffairsspecialist.... *Become a Certified Pharmaceutical Sales Representative (PRC): https://www.pharmasalestraining.org/?... The ACMA offers certification programs designed to provide the industry standard of excellence within the life sciences community. ================ Support the channel and Follow the Accreditation Council for Medical Affairs: Website: https://medicalaffairsspecialist.org/ Instagram:   / acmapharma   LinkedIn:   / accreditation-council-for-medical-affairs-...   Tiktok:   / medicalscienceliaison   Twitter:   / the_acma   Youtube:    / @acma-raisethebar   ================ Connect with William Soliman on: Instagram:   / will_soliman   LinkedIn:   / williamsoliman1   TikTok:   / willsoliman   Twitter:   / williamsoliman1   #pharmaceuticalindustry #pharma #drugcompanies #pharmajob #pharmajobs #medicalaffairs #regulatoryaffairs #pharmasales #biotechsales #industrypharmacist #medicalsales #medicalscienceliaison #MSL #PhD #pharmd #BigPharma