The Pharmaceutical Industry and its Implication on Cost 

  • Research and development have made a great contribution to medical outcomes, however, this is a major factor in driving increases in the cost of prescription drugs
  • The latest data demonstrates differences among countries to negotiate pharmaceutical pricing with other industrialized countries purchasing at discounted rates
  • Medicare is blocked, by law, on how much they can negotiate the cost of pharmaceuticals in the United States
  • This law must be taken under review
  • This restriction does not apply to other countries
  • It is incumbent upon the medical community to monitor prescription patterns so that pharmaceuticals optimize the benefits to the population without overprescribing

Interested in learning more about Pharmaceuticals? We've selected some representative articles where you can learn more. Click HERE to access them. 


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