economy
DRUGS ON HOLD: Pharmacists Afraid of Trump? New Decision Surprised Everyone
The White House is trying to lower the prices of prescription drugs in the US, which are typically much higher than in other wealthy countries.
TL;DR
- Pharmaceutical companies are delaying new drug launches in Europe due to US price pressures and policy changes.
- The Trump administration aims to lower prescription drug prices in the US to match those in other countries.
- Drug manufacturers are holding back European launches to avoid price drops in the $700 billion US market.
- New drug introductions in the EU have decreased by approximately 35% in the last 10 months.
- Japan has started selling the morning-after pill without a prescription in around 7,000 pharmacies, removing previous requirements for a doctor's prescription.
- The morning-after pill, NorLevo, is most effective within 72 hours of unprotected sex and must be taken in front of a pharmacist.