Jane Doe
π€ SpeakerAppearances Over Time
Podcast Appearances
The goal is to cut prices 30 to 80% by giving the US MFN, if you don't know MFN, it stands for most favored nation status. That's a generic term in business. It means we get to pay the same price of whichever country gets the lowest price for a specific drug. This executive order would cut out the famous middleman. He's talking about PBMs.
You've heard Mark Cuban, friend of the pod, talk about that a whole bunch. Here's RFK Jr. 's quote. Congress is controlled in so many ways by the pharmaceutical industry. This was an issue that people talked about, but nobody wanted to do anything because it was radioactive. It's radioactive, obviously, Chamath, because, listen, so many politicians are getting donations and lobbyists.
You've heard Mark Cuban, friend of the pod, talk about that a whole bunch. Here's RFK Jr. 's quote. Congress is controlled in so many ways by the pharmaceutical industry. This was an issue that people talked about, but nobody wanted to do anything because it was radioactive. It's radioactive, obviously, Chamath, because, listen, so many politicians are getting donations and lobbyists.
What's your take on this? Obviously, Amore is in this business and is in pharmaceuticals, so she has some great insights, I'm sure, as you do.
What's your take on this? Obviously, Amore is in this business and is in pharmaceuticals, so she has some great insights, I'm sure, as you do.
Ben, your thoughts on this? 9% goes to pharma. What are your thoughts, Ben, on this, broadly speaking?
Ben, your thoughts on this? 9% goes to pharma. What are your thoughts, Ben, on this, broadly speaking?
Well, and isn't the issue here, Friedberg, that there is a free market for drugs outside of the United States where they seem to negotiate really well, and then inside the United States, we don't seem to negotiate our prices for drugs as aggressively as Canada, Mexico, and European countries do?
Well, and isn't the issue here, Friedberg, that there is a free market for drugs outside of the United States where they seem to negotiate really well, and then inside the United States, we don't seem to negotiate our prices for drugs as aggressively as Canada, Mexico, and European countries do?
All right, for Ben Shapiro of The Ben Shapiro Show and Daily Wire, Shamath Palihapitiya and David Friedberg, I am... executive producer for life. We'll see you all next time. Love you, boys. Bye-bye.
All right, for Ben Shapiro of The Ben Shapiro Show and Daily Wire, Shamath Palihapitiya and David Friedberg, I am... executive producer for life. We'll see you all next time. Love you, boys. Bye-bye.
Mm hmm.
Mm hmm.
Mm hmm.
Okay.
Okay.
Okay.
Yeah.
Yeah.
Yeah.