Big Pharma is keeping American prescription prices the highest in the world -- for drugs often made on the same assembly lines as those sold in other countries. From the AP:
The Congressional Budget Office says allowing imports would save about $40 billion over 10 years. And it also worried about other countries banning exports to protect their supplies of prescription drugs. (AP)
Overseas, drugs can cost two-thirds less than they do in the United States, where prices for brand-name drugs are among the highest in the world. In many industrialized countries, prices are lower because they are either controlled or partially controlled by government regulation.