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The $800 million pill: The truth behind the cost of new drugs

Number 21721
Subject Health Care
Source University of California Press
State Calif.
Year 2004
Publication Date April
Summary In this book, the author disproves the pharmaceutical industry's assertions that it is the primary originator of new drugs and that it costs $800 million to bring a new drug to market. The investigation found that most of the important and life-saving drugs of the past 25 years originated at taxpayer-funded universities and at the National Institutes of Health. The author contends that American taxpayers foot the bill twice for prescription drugs: once by supporting government funded research and again by paying the pharmaceutical industry's high prices.
Category Contest Entry
Pages 4
Keywords BOOK;prescription drugs;medicine;pharmaceutical industry;drug companies;National Institutes of Health
Related Links www.pubmed.org, www.sec.gov
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