3min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E92: Adam Neumann's second act, a16z's $350M bet, housing policy, Inflation Reduction Act & more

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

Is the Prescription Drug Price Cap Going to Cannibalize?

The prescription drug price cap minimizes the profits that a number of pharmaceutical companies will be making. A survey done by healthaffairs.org on an R&D survey, which said, will you guys reduce your investment in new drug development? And I think that they based on this bill, and some estimate that there would be the number two fewer drugs that would be kind of made available per year because of reduced spending as a result of the price cap.

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