Attention Economy


Wednesday, January 10, 2018

Missing Competition and High Pharma Drug Prices in the US

Lack of competition and absurd patent rules push US drug prices to ridiculously high levels
https://www.bloomberg.com/view/articles/2018-01-09/how-allergan-continues-to-make-drug-prices-insane
https://www.bloomberg.com/view/articles/2017-02-13/games-drugmakers-play

Odd Example of Supply and Demand
CNBC reports –
http://www.cnbc.com/2016/09/23/as-opioid-epidemic-grows-so-do-prices-of-lifesaving-overdose-drugs.html
“As the opioid epidemic continued growing — claiming tens of thousands of lives in overdoses — so did the prices of an old drug that acts as a silver bullet to immediately resurrect dying patients.”