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Why are drug prices so high? Investigating the outdated US patent system
00:05
For my husband, it was love at first sight.
00:10
Heres what happened. Years ago, Rudy, who I had strictly put in the friend zone at the time, came over to my house and met my dad, a pharmaceutical scientist who had just retired after bringing a drug to market. My dad said, Ah, you probably wouldnt have heard of it. Its for IPF, idiopathic pulmonary fibrosis. Rudy paused for a long time, and then he said, Thats the disease that took my fathers life 15 years ago. Rudy says that this is the moment he fell in love.
00:49
With my father.
00:53
Even though it was too late for my dad to save his, he felt that destiny had delivered us this full-circle moment. In my family, we have a special love for my fathers inventions. And in particular, we have a reverence for his patents. We have framed patents on the wall in our house. And theres a recognition in our family that everything Ive been able to do -- college, law school, health justice work -- all of it is because America enabled my father to fulfill his potential as an inventor.
01:34
Last year, I met the director of the US Patent Office for the first time, and I sent my family a selfie from that office in Virginia.
01:44
I got so many emojis back, you would have thought I had met Beyoncé.
01:50
But truth be told, I was actually there to talk about a problem -- how our outdated patent system is fueling the high cost of medicines and costing lives. Today, over two billion people live without access to medicines. And against this global crisis, drug prices are skyrocketing, including in wealthier countries. Thirty-four million Americans have lost a family member or a friend in the last five years, not because the treatment didnt exist, but because they couldnt afford it. Rising drug costs are pushing families into homelessness, seniors into bankruptcy and parents to crowdfunding treatment for their critically ill children.
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