Chapter
The US Government Creates its Own Drug Company
1:23:40 - 1:29:16 (05:36)
In response to pharmaceutical companies reducing spending due to the price cap, the US government created its own generic drug manufacturer to provide drugs for universal healthcare, potentially reducing R&D investment by pharmaceutical companies.
Clips
The prescription drug price cap can potentially lead to reduced revenue and thus reduced R&D investment.
1:23:40 - 1:25:37 (01:57)
Prescription drug price cap
Summary
The prescription drug price cap can potentially lead to reduced revenue and thus reduced R&D investment. This could potentially lead to a decrease in the number of drugs available for consumers, although the exact impact is still up for debate.
ChapterThe US Government Creates its Own Drug Company
EpisodeE92: Adam Neumann's second act, a16z's $350M bet, housing policy, Inflation Reduction Act & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Two guys created a generic drug manufacturer to make drugs they wanted and priced according to market competition.
1:25:37 - 1:29:16 (03:38)
Drug Manufacturing
Summary
Two guys created a generic drug manufacturer to make drugs they wanted and priced according to market competition. California may be creating their own through an RFP.