Innovation–Innovation Tradeoffs in Drug Pricing
From the article:
The uproar over the price of the EpiPen is the latest episode in a longstanding controversy over drug pricing. A common concern is that proposed regulation of drug markets may reduce the rate of drug innovation and therefore decrease the number of new drugs that are brought to the marketplace. The editorialists discuss another important, but less frequently voiced, consideration: How could policy affect the composition of innovation, including the types of drugs that are brought to the marketplace?
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bioethics fda health law policy pharmaceuticals public health rachel sachs regulation