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- Five articles you need to read to get your week started šš°
Five articles you need to read to get your week started šš°
1ļøā£ Latest drugs head to China
John Lauerman discusses how the latest drugs are heading to China as its aging population grows and Xi Jinping pushes to reinvent Chinaās pharma industry. And big pharma companies like AstraZeneca are looking here to create and develop global medicines.
Bloomberg: To Get the Latest Drugs, Head to China
2ļøā£ Drug safety
Recent safety scandals show the risk to international consumers from weak oversight in China, the worldās largest supplier of active pharmaceutical ingredients. The country's manufacturers account for 40 percent of global production.
3ļøā£ Netflix, but for prescription drugs
The state of Louisiana officially unveiled a proposal this week in which the state would pay drug companies fixed prices over several years for āunlimited accessā to hepatitis C drugs for Medicaid and prison populations. Louisiana is calling it a āsubscription payment modelā ā kind of like Netflix.
Except instead of nonstop streaming, Louisiana gets as many hepatitis C treatments as it needs. Louisiana thinks it can save money and lives, while locking in revenue for drug companies.
StatNews: Louisiana Hep C Subscription Model
4ļøā£ Can Ayushmann Bharat alter Indiaās healthcare landscape?
5ļøā£ Why Americans spend so much on healthcare
Joseph Walker explores why the US spends more on health care compared to other developed countries. By using 12 charts to illustrate this phenomenon, he shows how hidden costs with insurers, hospital consolidation, and healthcareās growing power in the economy contribute to this.