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Prometheus 6

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Back to an old argument

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The argument? Drug pricing. Hal Pawluk at Tude put together this explanation on BlogCritics of why prescription pharmaceutical prices are so high. If it makes anyone feel better,in the version posted on his own site, he suggests getting back to more of a free-market in drugs.

If you believe that drug prices are so high because of R & D, Big Pharma has done their job. And they're going to be in your pocket for a long, long time.

MYTH: Drug prices need to be as high as they are to pay for research and development.
REALITY: Drug prices are as high as they are to support unconscionable profits, with much of the research paid for by taxpayers.

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