logo
episode-header-image
Jul 2022
15m 33s

Why are drug prices so high? Investigati...

TED
About this episode

Between 2006 and 2016, the number of drug patents granted in the United States doubled -- but not because there was an explosion in invention or innovation. Drug companies have learned how to game the system, accumulating patents not for new medicines but for small changes to existing ones, which allows them to build monopolies, block competition and drive prices up. Health justice lawyer Priti Krishtel sheds light on how we've lost sight of the patent system's original intent -- and offers five reforms for a redesign that would serve the public and save lives. After the talk, our host Modupe dives into a recent example of how the US is rethinking patents.



Hosted on Acast. See acast.com/privacy for more information.

Up next
Today
The 60 seconds that make or break a conversation | Chris Fenning
What's your point? Communication expert Chris Fenning reveals how the first 60 seconds can make or break a workplace conversation — and shares a three-step framework to help you get it right. After, Modupe shares how you can put Chris' ideas into practice. Hosted on Acast. See ac ... Show More
14m 40s
Nov 2
How to clean up the world's dirtiest industry | Joojin Kim
Climate strategist Joojin Kim spent years convincing banks across South Korea to stop funding coal, and it worked. Now he's aiming that same playbook at a new target: maritime shipping, a hidden engine of the global economy — and one of the world's dirtiest industries. He breaks ... Show More
11m 1s
Oct 30
Unlocking Your Power at Work: Kara Swisher on how to get what you want | from Fixable
No matter where you fall on the corporate food chain, you have power at work—you just might not know how to use it. In this new series on Unlocking Your Power at Work, Anne and Frances dig into how to discover, build, and use your power, explore common power dynamics in the workp ... Show More
34m 24s
Recommended Episodes
Jan 2020
Why are drug prices so high? Investigating the outdated US patent system | Priti Krishtel
Between 2006 and 2016, the number of drug patents granted in the United States doubled -- but not because there was an explosion in invention or innovation. Drug companies have learned how to game the system, accumulating patents not for new medicines but for small changes to exi ... Show More
12m 36s
Apr 2021
Why are drug prices so high? Investigating the outdated US patent system | Priti Krishtel
Between 2006 and 2016, the number of drug patents granted in the United States doubled -- but not because there was an explosion in invention or innovation. Drug companies have learned how to game the system, accumulating patents not for new medicines but for small changes to exi ... Show More
12m 48s
Sep 2023
Why One Drug Company Held Back a Better Drug
<p>For decades, drugmakers have argued that patents are critical to bringing new drugs to the market. But in 2004, when a promising H.I.V. treatment emerged, Gilead Sciences decided to slow-walk its release to maximize profit on the company’s existing patents.</p><p>Rebecca Robbi ... Show More
35m 38s
Feb 2010
Is there a healthy future for Big Pharma?
Dr Patterson will review the background to the pharmaceutical crisis and the different ways that companies are approaching the issues. The lecture will review both the research and development and business issues facing the industry and its investors. The Pharmaceutical industry ... Show More
47m 27s
Jan 2020
The pharmacists fighting high drug prices
If you had a rare disease and the only drug that could help you suddenly shot up in price how would you feel? What if your health service or insurer decided it was too expensive and they wouldn’t fund it any more? This is the problem facing some patients in the Netherlands.In ord ... Show More
23m 40s
Oct 2021
Sick Money (Pt 1): Exposing the drug companies' price gouging tactics
In the first of two episodes this week, we're taking a deep dive into the pharmaceutical industry. How much does the medication you take actually cost? What if a company came along and bought the rights to a particular drug and started charging double, triple, or even 10,000 time ... Show More
29m 31s
Jul 2023
Sawbones: Patents vs. Life-Saving Drugs
<p>John Green recently made a video asking Johnson & Johnson not to extend their patent on a tuberculosis drug, which would keep it exclusive and expensive. Dr. Sydnee and Justin talk about how drug patents work, the recent (good) update about bedaquiline specifically, and the ne ... Show More
38m 46s
Nov 2023
How to Buy DRUGS: The Finances of the Pharmaceutical Industry with Hitha Palepu
On this week's episode of Networth and Chill, I'm joined by author and CEO of Rhoshan Pharmaceuticals, Hitha Palepu to talk drug prices and the pharmaceutical industry. Drug prices are a hot topic these days, and it seems like the cost of life saving medications like insulin and ... Show More
41m 53s