Under onslaught of new competition, monopoly status collapses.
Why these mega-mergers? Fees, egos, and pricing power.
Though it cannibalizes the rest of the economy.
Big Pharma made $3.49 billion in disclosed payments to doctors, teaching hospitals, and others. Americans pay the price.
When it comes to medicine, there’s a whole attitude difference between Mexico and the US. I’ve had major and minor surgery on both sides of the border, and I like the Mexico side better – not just the cost, but the care.
Now the drug makers are struggling with their response.
They don’t care. And they’re not required to care.
Government quietly involved behind the scenes.
Health insurers just can’t stand competition.
The sector is booming, but it’s a costly boom.