What Drives Drug Pricing?
Setup
High drug prices have seized headlines, angered patient advocates, and prompted congressional hearings. Many causes have been suggested — among them, a fragmented pharmaceutical market that limits competition, the quest for profits (whether to fund expensive R&D or otherwise), and government regulations that bar Medicare from negotiating prices. Harder to find are solutions for patients who cannot afford their therapies. Venture capitalists may be a unique leverage point on the system because their investments can encourage risk-taking and the development of novel, high-impact medicines, shifting the locus of industry’s search for rewards. How do we encourage a drug-development system that innovates, while keeping lifesaving therapies affordable?
Speakers
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Steve ClemonsEditor in Chief, AtlanticLIVE; Washington Editor at Large, The Atlanti... -
Gregory GloverPrincipal, Pharmaceutical Law Group -
Anula JayasuriyaManaging Director and Founder, EXXclaim Capital; Vice President of Cor... -
Aaron KesselheimAssociate Professor of Medicine, Harvard Medical School; Director, Pro...
- 2017 Health
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