Let's talk about Biden marching into a pricing debate....
Belle of the Ranch
Belle of the Ranch
4.9 • 1K Ratings
🗓️ 12 December 2023
⏱️ 6 minutes
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Summary
Let's talk about Biden marching into a pricing debate....
Transcript
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| 0:00.0 | If just thinking about your bills makes you feel confused and disorientated, |
| 0:05.0 | like your head is full of Raspberry, |
| 0:08.0 | then you need Monzo. |
| 0:10.0 | Download your new favorite bank and pay bills from custom pots. |
| 0:15.0 | Money never felt like Monzo. |
| 0:18.0 | UK residents, Tease and see supply. |
| 0:21.0 | Well, howdy there, internet people people let's bow again so today we are going to |
| 0:26.7 | talk about the Biden administration marching into a discussion in a very |
| 0:32.1 | pronounced way. |
| 0:35.1 | And the reason it's occurring what might change, |
| 0:41.8 | we will talk about March in rights. We will talk about March in rights. |
| 0:44.0 | We will talk about the two issues that people have with the way this is being done |
| 0:52.0 | and where it goes from here. So if you've missed |
| 0:56.3 | the news and you would be forgiven if you miss this because this is not getting |
| 0:59.7 | the coverage that I think it should. The Biden administration has put pharmaceutical companies |
| 1:04.9 | on notice and basically said hey if we feel like your prices are too high on products that you used government funds to help develop, we very well |
| 1:21.0 | might exercise our March- in rights, which basically allow the government to, |
| 1:29.7 | it's not really cancelling the patent, it's amending it, altering the deal so to speak, and allowing |
| 1:39.7 | other companies to make that product in hopes of driving the price of the product down. |
| 1:46.5 | Would probably work, it tends to anyway. |
| 1:51.7 | There are a number of pharmaceutical products that this would apply to. |
| 2:01.0 | And the government certainly, my understanding is that the government |
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