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"Health for Sale" - Documentary about the market with pharmaceutical drugs

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First published at 23:38 UTC on January 6th, 2022.

UROS75

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https://www.youtube.com/watch?v=VQ0n0MxJE8w
The worldwide pharmaceutical market is dominated by the so-called Big-Pharma, which is composed by no more than 10 pharmaceutical companies based in USA or Europe. Thanks to the TRIPS Agreements, created by the WTO (World Trade Organization) in 1995, medicines is treated like any other goods. This means that the pharmaceutical companies owning the large number of patents on drugs worldwide can act as monopolists deciding and imposing the prizes. Further more they can decide the type of research to be made, without taking into consideration the needs of developing countries.

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