Would drug price controls kill innovation?

Wall Street Journal

14 January 2019 - Affordability doesn’t need to come at the expense of innovation.

Regarding your editorial “The Drug Price-Control Threat” (Jan. 8): Our nation’s prescription-drug system lacks transparency and competition, allowing brand-name pharmaceutical companies to maintain their monopolies and price gouge patients.

Affordability doesn’t need to come at the expense of innovation. There are bipartisan, market-based solutions, such as requiring drugmakers to disclose list prices in direct-to-consumer advertising and making it easier for generic and biosimilar drugs to enter the marketplace.

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Michael Wonder

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Michael Wonder