Showing posts with label investment in new medications. Show all posts
Showing posts with label investment in new medications. Show all posts

Sunday, March 19, 2017

One Way To Force Down Drug Prices: Have The U.S. Exercise Its Patent Rights; NPR, March 16, 2017

Alison Kodjak, NPR; 

One Way To Force Down Drug Prices: Have The U.S. Exercise Its Patent Rights


"...Trump already has a weapon he could deploy to cut the prices of at least some expensive medications.

That weapon is called "march-in rights."...

...[L]ower prices could also make drug companies less eager to invest lots of money in new medications.

That's the trade-off the government has always had to wrestle with. But it's one Trump could very well decide is worthwhile.

"Perhaps we as a country would rather have lower drug prices and a little less innovation," [Sara Fisher] Ellison [an economist at MIT] said."