http://www.bloomberg.com/news/articles/2016-06-30/bill-gates-calls-u-s-drug-pricing-system-better-than-most?utm_campaign=KHN%3A+Daily+Health+Policy+Report&utm_source=hs_email&utm_medium=email&utm_content=31344233&_hsenc=p2ANqtz-_IwIHqZOj5Uimtit1dADkgETVDbXoDQwj9rnv-X62TCgc0moUvyuIvvz78lEeOdY3_XlQXobqra8EKSy-AP-8omkHofA&_hsmi=31344233

Billionaire Bill Gates, whose foundation seeks to spread modern medicine through the developing world and wipe out diseases of the poor such as malaria, said he supports the U.S. drug pricing system even as politicians have intensified their criticism of high costs.

“The current system is better than most other systems one can imagine,” Gates said in an interview on Bloomberg Television. “The drug companies are turning out miracles, and we need their R&D budgets to stay strong. They need to see the opportunity.”