Dr. Nancy Reid
The United States of America spends an enormous amount of money on healthcare, with prescription drugs accounting for a significant component of spending. Millions of Americans take prescription drugs and prices are higher in the U.S. than in other countries. Rising drug prices has led many Americans to experience difficulty in affording their medications.
There are multiple contributors to the rising cost of prescription drugs in America and most notable among them is the pharmaceutical industry. This article will explore the role of the industry, examining its impact on new products, prices, and profits. A data-driven case will be built both in defense of, and against, the industry allowing the reader to ultimately draw their own conclusions.
Butler J. Diagnosing the High Cost of Prescription Drugs in America - Fair to Blame Pharma?. University of Lynchburg DMSc Doctoral Project Assignment Repository. 2020; 2(3).
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