Health

Why are drug prices so high in America? Trump doesn’t have the right answer | Susi Geiger and Théo Bourgeron

December 24, 2025

The high cost of drugs in America is attributed mainly to the practices of pharmaceutical companies, not to pricing strategies in other countries. A significant portion of Pfizer's revenue is allocated to shareholders rather than research and development, highlighting the industry's focus on profit over innovation.

Why are drug prices so high in America? Trump doesn’t have the right answer | Susi Geiger and Théo Bourgeron

Credit: Theguardian

Key Highlights

Pfizer spent only 18% of its revenue on R&D in 2024.
27% of Pfizer's revenue went to shareholders through dividends and debt repayment.
Trump's assertion that other countries are to blame for high U. S. drug prices is challenged.
The article emphasizes pharmaceutical companies as the primary cause of high drug prices.

Health Trump administration Donald Trump Pharmaceuticals industry US healthcare Medical research Health insurance

Sources

Why are drug prices so high in America? Trump doesn’t have the right answer | Susi Geiger and Théo Bourgeron

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Why are drug prices so high in America? Trump doesn’t have the right answer | Susi Geiger and Théo Bourgeron

Key Highlights

Sources

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