Hillary’s plan will demand a stop to excessive profiteering and marketing by denying tax breaks for direct-to-consumer advertising and demanding that drug companies invest in R&D in exchange for taxpayer support – rather than marketing or excessive profits. She will encourage competition to get more generics on the market and create a Federal backstop for when there are excessively high-priced drugs that face no competition.
You can find more details in https://www.hillaryclinton.com/briefing/factsheets/2015/09/21/hillary-clinton-plan-for-lowering-prescription-drug-costs/
My observations:
- She also needs democrats in majority in congress to pass any new laws. So this may come into play only when she wins + Democrats majority.
- Also compared to Trump, she has received more donations from Pharma companies. So this all may be an election talk.
My questions
- Which Indian Pharma companies produce drugs that have no competition?
- Forcing companies for more R&D - Will this benefit companies like Take Solutions?
Thanks.