Relative Drug Pricing is Bad Medicine

On May 12, President Trump signed an Executive Order aimed at lowering US prescription drug prices. In keeping with his tariff policy, the president was motivated by the price differences — often vast — between identical prescription drugs sold in the US and in the rest of the world. The EO ordered the US Trade…

Deep tech startup Vecmocon raises $ 18 Mn Series A to Expand EV Tech and R&D in India

Vecmocon Technologies, Delhi based deep-tech startup focused on electric vehicle (EV) technology, has raised USD 18 million in a Series A funding round. The round was led by Ecosystem Integrity Fund (EIF), with participation from Aavishkaar Capital, British development finance institution BII, and existing investor Blume Ventures. Founded in 2016 by alumni of IIT and…

Want to Fix Medicaid? Look to Milton Friedman

The House of Representatives narrowly passed the One Big Beautiful Bill Act (HR 119) in dramatic fashion (215-214) last month. Most of the drama was on the Republican side. The House Freedom Caucus favored preserving the 2017 tax cuts but only if there were sufficient budget cuts to pay for it.  A central sticking point…