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The cost of pharmaceutical innovation to patients.

Authors
Type
Published Article
Journal
Expert opinion on drug discovery
Publication Date
Volume
2
Issue
11
Pages
1431–1434
Identifiers
DOI: 10.1517/17460441.2.11.1431
PMID: 23484595
Source
Medline

Abstract

Many argue that high costs of pharmaceutical research and development leads to high drug-prices and that existing prices are necessary to fund future expenditures on research and development. However, high pharmaceutical-prices can limit patient access to life-saving therapeutics. This paper examines the impact of high prices on patients and the relation between prices and innovation, and finally, considers policies that may balance patients' access to medications and financial rewards to industry.

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