Pharma companies have spent billions buying back their own stock

By Allie Conti

“Sa’Ra Skipper was diagnosed with Type 1 diabetes when she was five years old, which means she needs insulin to stay alive. But even though she has a full-time job that gives her health insurance, she’s among the 25 percent of patients who has had to “ration” the drug at times because she can’t afford it—sometimes relying on free samples from her doctor. On Friday, she described to members of the House Oversight and Reform Committee as part of a hearing on drug pricing that her sister, who also has diabetes, is in an even worse situation than she is.”…

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