Joe Lonsdale
๐ค SpeakerAppearances Over Time
Podcast Appearances
Well, there's a ton.
So what happens in the old days is the pharma companies are so corrupt that they had laws, they had agreements where you couldn't even tell a patient about a generic option that was way cheaper.
And this is like a PBM agreement.
So in order to offer my drug over here, you're not even allowed to offer a payment.
And so my friends and I went to the Senate and we fought really hard.
And we won one battle and lost one battle.
The battle we won
is you made it so it's now legal for doctors to tell you about any generic, which is really important, by the way.
But the other one is they're still not able to share pricing.
So they're still able to gag you on pricing.
And it's really crazy.
So they just hide pricing on all this stuff and don't let anyone share it.
So there's no market for a lot of these things.
And they just take advantage.
And so Mark's getting around that by building his own thing in the middle, which is great.
And Trump launched the site too, by the way, which is doing really well.
We're just saving people a ton of money.
I don't know if you're- Trump lost-
Trump launched a pharma site.
There's like a pharma site you can go on, search Trump's pharma site.