Treat Medicines Like Netflix Treats Shows


Australia has found a promising model to make high-priced medicine cheaper for patients, including expensive treatments for Hepatitis C, which the country is now on track to eradicating by 2026. The strategy works similar to the business strategy of subscription streaming services- by paying a lump sum to drug producers, Australia gets an unlimited amount of the drug for 5 years, allowing all patients to get help while ensuring stable profits for drug companies.

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