Ian Carroll
๐ค SpeakerAppearances Over Time
Podcast Appearances
which is really interesting because, I mean, let's just say I've never been there. I'm no pharmaceutical expert. But from what I'm reading there, that seems to be very much a death blow to a vast portion of pharma's profits. And, I mean, I don't know what to make of that other than extreme optimism because that's not all. He also was going after the PBMs, the Pharmacy Benefit Managers.
which is really interesting because, I mean, let's just say I've never been there. I'm no pharmaceutical expert. But from what I'm reading there, that seems to be very much a death blow to a vast portion of pharma's profits. And, I mean, I don't know what to make of that other than extreme optimism because that's not all. He also was going after the PBMs, the Pharmacy Benefit Managers.
He ordered RFK to facilitate programs for pharma manufacturers to sell direct consumers at the best nation price. If you're not familiar, these PBMs, pharmacy benefit managers, they're companies that manage prescription drug benefits and health insurers and employers. And they just kind of like middleman in between the whole system.
He ordered RFK to facilitate programs for pharma manufacturers to sell direct consumers at the best nation price. If you're not familiar, these PBMs, pharmacy benefit managers, they're companies that manage prescription drug benefits and health insurers and employers. And they just kind of like middleman in between the whole system.
He ordered RFK to facilitate programs for pharma manufacturers to sell direct consumers at the best nation price. If you're not familiar, these PBMs, pharmacy benefit managers, they're companies that manage prescription drug benefits and health insurers and employers. And they just kind of like middleman in between the whole system.
And they just take a huge cut out from the middle, like an insanely huge cut. PBMs are over a trillion dollars a year in combined revenue, according to an FTC report, I think from last year, maybe from 2023. Yeah.
And they just take a huge cut out from the middle, like an insanely huge cut. PBMs are over a trillion dollars a year in combined revenue, according to an FTC report, I think from last year, maybe from 2023. Yeah.
And they just take a huge cut out from the middle, like an insanely huge cut. PBMs are over a trillion dollars a year in combined revenue, according to an FTC report, I think from last year, maybe from 2023. Yeah.
Um, so I mean a lot's going on here and I'm sure that a lot of people far smarter than me will have all kinds of takes, but I'd be surprised if anyone has any take that is not positive because I mean, we all love big pharma, right? So anyways, speaking of drugs again, a couple of the big boys got caught allegedly with a little baggie of drugs. But is that really the story that's going on here?
Um, so I mean a lot's going on here and I'm sure that a lot of people far smarter than me will have all kinds of takes, but I'd be surprised if anyone has any take that is not positive because I mean, we all love big pharma, right? So anyways, speaking of drugs again, a couple of the big boys got caught allegedly with a little baggie of drugs. But is that really the story that's going on here?
Um, so I mean a lot's going on here and I'm sure that a lot of people far smarter than me will have all kinds of takes, but I'd be surprised if anyone has any take that is not positive because I mean, we all love big pharma, right? So anyways, speaking of drugs again, a couple of the big boys got caught allegedly with a little baggie of drugs. But is that really the story that's going on here?
I'm sure you've seen by now, I mean, if you have an ex-account, you've definitely seen. And if you don't have an ex-account, you've still probably seen. Macron just squirreling away the little bag of whiteness on his table and all that stuff that's been taking over the internet and everyone's making funny memes and AI videos of them dancing and whatever else.
I'm sure you've seen by now, I mean, if you have an ex-account, you've definitely seen. And if you don't have an ex-account, you've still probably seen. Macron just squirreling away the little bag of whiteness on his table and all that stuff that's been taking over the internet and everyone's making funny memes and AI videos of them dancing and whatever else.
I'm sure you've seen by now, I mean, if you have an ex-account, you've definitely seen. And if you don't have an ex-account, you've still probably seen. Macron just squirreling away the little bag of whiteness on his table and all that stuff that's been taking over the internet and everyone's making funny memes and AI videos of them dancing and whatever else.
And yeah, he grabs his little bag and sleuths it away. But like... Let's just pump the brakes for a second here, guys. It might be a tissue. Like, it really might be a tissue. And, like, maybe it's a bag of drugs. Like, a really big bag of drugs. Like, just so you... Like, that's a lot of drugs. And just on the... Like, maybe.
And yeah, he grabs his little bag and sleuths it away. But like... Let's just pump the brakes for a second here, guys. It might be a tissue. Like, it really might be a tissue. And, like, maybe it's a bag of drugs. Like, a really big bag of drugs. Like, just so you... Like, that's a lot of drugs. And just on the... Like, maybe.
And yeah, he grabs his little bag and sleuths it away. But like... Let's just pump the brakes for a second here, guys. It might be a tissue. Like, it really might be a tissue. And, like, maybe it's a bag of drugs. Like, a really big bag of drugs. Like, just so you... Like, that's a lot of drugs. And just on the... Like, maybe.
But regardless, even if it's a bag of drugs or it's a tissue, you can argue about that all day long. And, yeah, it's a funny scandal. Whatever. But, um... That's Emmanuel Macron. And if you don't recall, he's married to a dude. And in case you're not up to date on the story and all the other implications of that story,
But regardless, even if it's a bag of drugs or it's a tissue, you can argue about that all day long. And, yeah, it's a funny scandal. Whatever. But, um... That's Emmanuel Macron. And if you don't recall, he's married to a dude. And in case you're not up to date on the story and all the other implications of that story,
But regardless, even if it's a bag of drugs or it's a tissue, you can argue about that all day long. And, yeah, it's a funny scandal. Whatever. But, um... That's Emmanuel Macron. And if you don't recall, he's married to a dude. And in case you're not up to date on the story and all the other implications of that story,