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At the start and halfway points of each year, many pharmaceuticalcompanies raise drugprices to bolster revenue and reportedly fund new research. “It’s not just all selling new drugs,” said Juliette Cubanski, deputy director of the Program on Medicare Policy at Kaiser Family Foundation.
Long headquartered in London, the EU drug regulator is now severed from the country both physically and systematically, with its base now in Amsterdam and the UK now assessing drugs through its own regulatory agency, MHRA. This additional effort could lead to poorer patient access. “It
In the current US Congressional session, Congress has focused heavily on legislation directed at reducing prescription drugprices. The new law will also require drug manufacturers to pay rebates to Medicare if they increase drugprices faster than consumer inflation. 136 (2013), [link] opinions/12pdf/12-416_m5n0.pdf.
Patents are often described as the ‘lifeblood’ of pharmaceuticalcompanies. 1 However, patent protection for pharmaceutical products is an economic trade-off between providing monopoly rights that incentivise development of future products and permitting higher drugprices to recoup the investment. 23 April 2013.
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