Posted by Michael Wonder on 19 Nov 2019
Here’s why pharmaceutical companies raise their prices so much
19 November 2019 - Yes, I’ve ranted about healthcare prices before. On more than one occasion.
But I have a new rant for you.
- It’s not about the high price of new drugs
- It’s not about a couple pharmo-bro CEOs hiking prices of generic medications by 4 or 5,000%
It’s about brand name drugs already on the market, that, instead of getting less expensive over time (due to increased competition, say, or increasing efficacy of production) get more expensive.
