DrugCompanies

I remember finding The New York Review of Books: The Truth About the Drug Companies very convincing. Recently, I came across The New York Times > Business > Your Money > On the Contrary: Open Season on Others' Ideas:

Prescription medications are cheaper in Canada and Europe because Americans have been willing to foot the staggering cost of research by paying higher prices, making it sensible for drug makers to sell their wares elsewhere for something closer to the cost of merely manufacturing and transporting them. In other words, consumers in other countries have been free riding on drug research that Americans pay for.

Apparently, MalcolmGladwell's High Prices on this topic was reasonably controversial, enough to generate four (?) published letters in the NewYorkerMagazine.

Who is right?

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Immutable page (last edited 2004-11-22 05:17:23 by RaymondYee)

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