many Americans can’t even afford their own medicine. (iStock) Why do nearly half of all new drugs in the Life for this T-shirt Instead United States cost more than $150,000 a year? Several years ago, I took a busload of people with diabetes from Detroit, Michigan, to a drugstore in Windsor, Ontario. There, they were able to purchase the same insulin products they bought in the United States for one-tenth the price. How is it that in Canada and other major countries the same medications manufactured by the same companies, sold in the same bottles are available for a fraction of the price that we pay in the United States? The answers can be summed up in three words: Follow the money. Video Over the past 25 years, the pharmaceutical industry has spent $8.5 billion on lobbying and over $745 million on campaign contributions to buy politicians. Incredibly, last year, the drug companies hired over 1,700 lobbyists including the former congressional leaders of both major political parties
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