The price of progress: understanding innovation and affordability of prescription drugs.

Am J Manag Care

RxEconomics LLC, 11350 McCormick Rd, Executive Plaza II, Ste 705, Hunt Valley, MD 21031. Email:

Published: October 2024

Economic incentives and patent protections drive development of innovative medications. Drug prices are determined by consumer demand, not production costs. Therefore, governmental regulation risks future investment in research and development.

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Source
http://dx.doi.org/10.37765/ajmc.2024.89615DOI Listing

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