Why does chemotherapy cost $70k in the U.S., but only costs $2.5k in India?

By rejecting patent applications, developing countries have kept down the costs of much-needed medications.

Gleevec, a leukemia drug, costs $70,000 per year in the United States, but only costs $2,500 in India. Why does that drug cost so much more in the U.S.?

 

 

 

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