Current Events — HabitableZone

Current Events » in reply to "Free market economy"

Re: expensive drugs

<...How come drugs are so much more expensive in the US than elsewhere?

A big part of the reason: It costs on the close order of half a billion dollars to produce a drug and shove it through the massive FDA approval process, which accounts for about $360 million of this cost. Keep in mind that this money also has to be spent on drugs that eventually are not approved, and make no money.

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