Why are pharmaceutical drugs so expensive?

Asked By: Tia Crist
Date created: Tue, Apr 27, 2021 2:14 AM
Best answers
Drug companies spend a lot of money on marketing because of the stiff competition they face from other drug companies for their drugs, and in order to develop each drug's highest revenue-generating potential.
Answered By: Soledad Ryan
Date created: Wed, Apr 28, 2021 4:17 AM

Why are prescription drugs so expensive?

Why are prescription drugs so expensive?
In the past, pharmaceutical companies have attributed high prices to innovation, arguing that new and improved drugs are naturally more expensive. But a new study published in the journal Health...
Answered By: Garrick Moen
Date created: Wed, Apr 28, 2021 6:59 AM
“The most expensive drugs tend to treat orphan diseases, those with a patient population of less than 200,000,” Zhong said. This makes a certain amount of sense: the fewer potential customers who will buy the drug before the patent expires, the fewer opportunities the company has to make up the cost of development—which can run more than $2.5 billion per drug, according to a 2014 estimate.
Answered By: Madelyn Ebert
Date created: Thu, Apr 29, 2021 9:09 PM
Putting an end to an innovation crisis, the reality of which is the subject of debate, recent pharmaceutical innovations, the result of a combination of scientific, industrial, financial, political and economic reasons, lead to a diversification of products and to a strong interest of pharmaceutical … [Why are new drugs so expensive?]
Answered By: Ulices McKenzie
Date created: Fri, Apr 30, 2021 12:25 PM
The reason generic drugs are cheaper is because the manufacturers do not have to invest in going through the development and marketing of a new drug. When a drug company introduces a new product to the market, the process represents a significant expense related to the research, development, and promotion of the drug.
Answered By: Felicia Heathcote
Date created: Sat, May 1, 2021 6:44 PM
Anyone who has purchased prescription medications has probably wondered why they cost so much. The media has reported on the issue of drug costs a few times with the slant usually being that drug companies are greedy, selfish, and uncaring. Therefore, it is not surprising that the public also shares this view.
Answered By: Doyle Schmidt
Date created: Sat, May 1, 2021 8:31 PM
The “most important factor” that drives prescription drug prices higher in the United States than anywhere else in the world is the existence of government-protected “monopoly” rights for drug manufacturers, researchers at Harvard Medical School report today. The researchers reviewed thousands of studies published from January 2005 through July ...
Answered By: Tobin Ortiz
Date created: Mon, May 3, 2021 1:11 AM
Prices are high because drug firms have monopoly power, granted to them by the patent system. In addition the demand for the drugs is fairly inelastic because once you fall seriously ill you're often willing to pay a high price for the cure. If your insurance covers it, you won't even directly notice the price.
Answered By: Icie Halvorson
Date created: Mon, May 3, 2021 11:30 AM
Hooks, the Vietnam veteran, understands that pharmaceutical companies must make a profit in order to keep developing new drugs, but he is upset by the fact that the U.S. seems to be largely...
Answered By: Domingo Marvin
Date created: Wed, May 5, 2021 1:30 AM
Why is pharmaceutical manufacturing in the U.S. so expensive? In reality, the best place to make drugs would be Puerto Rico which I guess is technically still the US. Anyways, drug manufacturing is expensive since the raw materials are generally hard to source and the level of training of operators are fairly high.
Answered By: Faustino Kemmer
Date created: Thu, May 6, 2021 1:29 PM
Drug companies spend a lot of money on marketing because of the stiff competition they face from other drug companies for their drugs, and in order to develop each drug's highest revenue-generating potential.
Answered By: Ceasar Medhurst
Date created: Thu, May 6, 2021 7:16 PM
FAQ
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Stimulants including cocaine, meth, and ADHD medications are detectable for about 2 or 3 days. Benzodiazepines and MDMA generally flag a urine test for up to 4 days after last dose. Marijuana stays in the system a bit longer, with amounts being detectable for between 1 and 7 days after last use.
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More than 70,000 Americans died from drug-involved overdose in 2019, including illicit drugs and prescription opioids. The figure above is a bar and line graph showing the total number of U.S. drug overdose deaths involving any illicit or prescription opioid drug from 1999 to 2019.
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To get high without using drugs, pick your favorite kind of exercise, like running, swimming, rowing, or biking, and try pushing yourself for a prolonged or extra difficult session to release endorphins, which make you feel naturally high. Alternatively, try breathing techniques to feel naturally high.
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However, according to the U.S. Food and Drug Administration, some average times that drugs will continue to show up in a urine drug test include the following: [1] Heroin: 1-3 days. Cocaine: 2-3 days. Marijuana/THC: 1-7 days. Meth: 2-3 days. MDMA: 2-4 days.
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We would like to show you a description here but the site won’t allow us.
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Drugs interfere with the way neurons send, receive, and process signals via neurotransmitters. Some drugs, such as marijuana and heroin, can activate neurons because their chemical structure mimics that of a natural neurotransmitter in the body. This allows the drugs to attach onto and activate the neurons.

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