Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Why are prescription drugs so much more expensive in the U.S.A?

U.S. prices for the world's 20 top-selling medicines are, on average, three times higher than in Britain, according to an analysis carried out for Reuters.

The finding underscores a transatlantic gulf between the price of treatments for a range of diseases and follows demands for lower drug costs in America from industry critics such as Democratic presidential candidate Hillary Clinton.

The 20 medicines, which together accounted for 15 percent of global pharmaceuticals spending in 2014, are a major source of profits for companies including AbbVie (ABBV.N), AstraZeneca (AZN.L), Merck (MRK.N), Pfizer (PFE.N) and . . .

Read Full Story

Related Posts

puerto vallarta economy

Mexico Retail Sales Lose Momentum After February Drop

Mexico’s retail sales fell 0.9% in February, as weaker grocery demand offset stronger online and...

Mexico Inflation Eases but Grocery Pressure Remains

Mexico inflation slowed to 4.53% in early April, but food and fuel costs stayed high,...
U.S. sanctions 23 in Sinaloa opioid supply network

U.S. sanctions 23 in Sinaloa opioid supply network

Treasury targeted 23 people and companies tied to the Sinaloa Cartel, tracing how chemicals move...

Pacific Hurricane Season Could Bring 5 Major Storms in 2026

Mexico expects 18 to 21 Pacific systems this season, including up to five major hurricanes,...