Reforming Biopharmaceutical Pricing at Home and Abroad

February 11, 2018

The affordability of healthcare and biopharmaceutical drugs is a top concern for Americans. It is often asserted that promoting innovation and affordable drugs are conflicting goals. New innovations, however, often provide improved health that was not previously available at any price or obviate the need for more costly care. They thereby lower the effective price of health down to the price of the patented drugs, and later down to the price of generic drugs. Federal policies that affect drug pricing should satisfy two goals. First, domestic drug prices paid by Americans should be reduced. Second, the price of better health in the future should also be reduced by spurring medical innovation. This report considers policy options to simultaneously advance these two seemingly conflicting goals.

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Westminster City Council

Our vision is for Westminster to be a City for All, an unrivalled city of choice and aspiration where everyone plays their part to ensure the City’s continued success. City for All is a three year plan to support a City that is confident, tolerant and where everybody is able to share in the benefits of economic success.

OTHER WHITEPAPERS
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Spotlight

Westminster City Council

Our vision is for Westminster to be a City for All, an unrivalled city of choice and aspiration where everyone plays their part to ensure the City’s continued success. City for All is a three year plan to support a City that is confident, tolerant and where everybody is able to share in the benefits of economic success.

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