Re:Drug Prices Too High? Sometimes, They’re Not Costly Enough
by legulere on Wednesday June 01, 2016 @02:04AM
(#11812331)
Not a problem of too low prices, but a failure of the market. Which means you need the state to intervene.
And that's exactly what they did with the 2012 FDA laws mentioned at the end of the article.
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Re:Drug Prices Too High? Sometimes, They’re Not Costly Enough
by an_account on Wednesday June 01, 2016 @02:09AM
(#11812350)
It's worth noting that the failures in the market were often due to high (state imposed) regulatory burdens, and that the 2012 FDA laws helped to loosen those burdens.