Democrat Sarbanes Says Gov't Bargaining Power Can Reduce Drug Costs

Rep. John Sarbanes (D-Md.) says that the government should use its "terrific bargaining power" when dealing with pharmaceutical companies in order to lower drug costs for Americans. (0:26)
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Drug price disparities between the U.S. and Canada

U.S. Senator Amy Klobuchar (D-Minn.) says that after Ovation Pharmaceuticals acquired the rights to the drug Indocin from Merck, they quickly increased the price by more than 18 times. Klobuchar points out that eventhough it is an American company, the price they charge is 44 times higher than what they sell it for in Canada. Klobuchar says there is no real justification for the huge price disparity. (1:04)
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