Trans-Pacific Partnership Reveals Deadly Cost of American Patents

Trans-Pacific Partnership Reveals Deadly Cost of American Patents by Yves Smith

While US news stories occasionally mention the breathtaking cost of some medications, they almost always skirt the issue of why American drugs are so grotesquely overpriced by world standards. The pharmaceutical industry has managed to sell the story that it’s because they need all that dough to pay for the cost of finding new drugs.

That account is patently false.

Read the full article at: 

http://www.nakedcapitalism.com/2014/03/trans-pacific-partnership-reveals-deadly-cost-american-patents.html

Trade agreements are negotiated for the benefit of corporations. TTIP and TTP will drive pharmaceutical company profits and impoverish healthcare for the majority.