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by fspeech
3585 days ago
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Some of the existing dysfunctional drug market dynamics can be addressed through a break up of the vertical integration: companies can choose to be the R&D/manufacturer in which case they are not allowed to market to doctors/consumers; or they can choose to be a marketer/distributor. Manufacturers must treat marketers non-discriminatorily. This way we can separate the wheat from the chaff. Truly revolutionary products can still charge high patent-protected prices by their exclusive manufacturers. OTOH marketing driven products with weak perceived advantages won't be able to charge the high prices as they do now. In the Epi-pen case, the patent owner will still be the exclusive manufacturer. But if they raise the price by 400% to all the marketers the marketers may choose to promote other generic products instead. |
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