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Restraining Medicine Prices: Controls Vs. Competition, Murray L. Weidenbaum
Restraining Medicine Prices: Controls Vs. Competition, Murray L. Weidenbaum
Murray Weidenbaum Publications
With the cost of prescription medicines constantly rising, the government has been considering price controls. This report explains the R&D process from laboratory studies to FDA review to approval by the FDA. As an alternative to price controls, competition could be a way for helping to keep prices down.