the pharmaceutical business final draft
Post on 03-Jul-2015
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The Pharmaceutical Business
Cost vs. Consumer
Prices Affect Consumers
Parlamento
IMPACTS
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Amount U.S. Pays for patented drugs 2011 compared to:
Source: Health Reform Program Calculations from Patented Prices Review Board reports (Trends in Drug Prices and
Expenditures tables) Based on formulary of 1,000+ patent drugs
Sweden
Britain
Germany
Canada
Switzerland
France
Italy
58%
63%
73%
75%
87%
108%
118%
Why drugs cost so much?
Regulations
Limited Competition
Lack of Innovation
Brick and Mortar
pharmacies
Inefficient distribution
system
Consumer Perspective on Safety, Effectiveness & Cost
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“A drug that one cannot
afford is neither safe nor
effective.”-- Stephen W. Schondelmeyer
PRIME Institute, 1996
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THANKS FOR WATCHING
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