Prescription drugs are too expensive for many Americans. These companies are trying to change that

“In the US, we’re unique in letting drug companies basically set their own prices,” Andrew Mulcahy, a senior policy researcher at the RAND Corporation who focuses on prescription drugs, told CNN Business. Americans spend around $1,200 a year on average for prescription drugs — more than any other country — according to the latest available OECD data. High drug prices have been a major issue in the United States for years, one that the government and lawmakers have worked to address. But those efforts have moved slowly and with limited success, prompting private firms to step in to try to bridge the gap. One Texas-based company, bankrolled by billionaire

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