“In the USA, health is a business": Doctor details the major price difference of medicine in India vs. United States
"Pharmaceutical companies can set prices based on market demand, often resulting in exorbitant costs for patients."
Medication Costs in India vs. the US: A Stark Contrast India and the United States show a dramatic difference in the price of common medications. A recent video by Dr. Chintan Dave (@drchintandave) highlights the vast cost discrepancies. Filmed in an Indian pharmacy, the video showcases several examples, including insulin (5-10 USD per vial in India vs 300-500 USD in the US), metformin (1-2 USD per month vs 20-100 USD), and amoxiclav (3.50 USD for a 10-day course vs 86 USD). Dr. Dave states, "Drug prices in India are anywhere from 2-100x cheaper than in the US!" This significant difference raises questions about healthcare affordability and accessibility globally. The video encourages viewers to use 1mg.com to independently verify these price comparisons. While the video lacks detailed sourcing for the US prices, the on-the-ground footage from the Indian pharmacy adds credibility. The accessibility of medications in India without prescriptions is also noted. The video concludes by urging further exploration of this critical issue, emphasizing the need for affordable access to essential medications worldwide.
"Pharmaceutical companies can set prices based on market demand, often resulting in exorbitant costs for patients."