This is by How Much ($$) Big Pharma Fools Investors

by Wolf Richter
Wolf Street

A scheme we call “consensual hallucination.”

Yesterday, we were bashing big pharmaceutical companies for jacking up prices of patent-protected drugs at obscene rates. Those double-digit price increases were largely responsible for the sales increases these companies reported. Drugs have become the largest wholesale category, at $54.3 billion in May, or 12.2% of total wholesales.

This boom is based on price increases at a great cost to US consumers and taxpayers.

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