Drugmakers Earn Poor Reputation
Are you befuddled by the cost of prescription drugs? There may be a legitimate reason. “It’s certainly not an efficient market,” Jason Doctor, an associate professor of pharmaceutical and health economics at USC, said about prescription drug prices. “If it was, you would see only one price for each drug at drugstores, and you don’t.” Worse, folks believe that prices for many drugs, both name-brand and generic, keep going up. According...
