How Government Policy Promotes High Drug Prices

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It is a bedrock principle of capitalism that as competition erodes profits on established products, enterprises will invest in innovation to earn higher profits from new products. US law governing prescription pharmaceutical markets abandons that principle Read More...

Read the complete post at http://healthaffairs.org/blog/2015/10/29/how-government-policy-promotes-high-drug-prices/

Posted Oct 29 2015, 07:00 AM by Health Affairs Blog

Filed under: Quality, Comparative Effectiveness, Featured, Payment Policy, Costs and Spending, Drugs and Medical Technology, FDA, generic drugs, 21st Century Cures Act, Prescription Drugs, Big Pharma, Hatch-Waxman Act

How Government Policy Promotes High Drug Prices

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