Published On May 6, 2021
The advocates for, and the critics of, the drug industry are both often guilty of misrepresenting the industry's economics. Some misrepresentations follow from technical ignorance. Some appear willful, to serve a policy objective. Jack explains some of the more egregious kinds of mis-analysis. It will include a discussion of drug industry profits; whether or not the industry is "over-earning" versus other industrial sectors and versus the wider value of pharmaceutical innovation.
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