|
|
|
|
|
by Sam_Odio
2754 days ago
|
|
> The pricing appears to undercut a notion promoted by FDA officials that approving more generics can help relieve the pocketbook pressure many Americans feel over the cost of their medicines. I'm surprised the author is making the arugment that more competitiion doesn't drive down prices - despite the large body of evidence to the contrary. It's accepted belief that when competition fails to drive down pricing among pharmaceuticals, it's usually due to regulatory decisions. There are several studies that have been done on this exact topic, one even finds that price regulation actually leads to higher prices by discouraging market forces [1]. 1. https://www.regjeringen.no/globalassets/upload/kilde/hod/hdk... |
|