Download - The pharmaceutical business UPDATE
The Pharmaceutical Business
Cost vs. Consumer
Prices Affect Consumers
Parlamento
IMPACTS
Regulations
Limited Competition
Lack of Innovation
Brick and Mortar
pharmacies
Inefficient distribution
system
Amount U.S. Pays for patented drugs 2003 compared to:
Source: Health Reform Program Calculations from Patented Prices Review Board reports (Trends in Drug Prices and
Expenditures tables) Based on formulary of 1,000+ patent drugs
Sweden
Britain
Germany
Canada
Switzerland
France
Italy
58%
63%
73%
75%
87%
108%
118%
Consumer Perspective on Safety, Effectiveness & Cost
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“A drug that one cannot
afford is neither safe nor
effective.”-- Stephen W. Schondelmeyer
PRIME Institute, 1996
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Is Healthcare too Expensive?
Implications of high costs of drugs
Why drugs cost so much
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