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JIPR Vol.17(5) [September 2012] >


Title: Drug Prices - How Much is too Much?
Authors: Nair, Manu S
Keywords: Drug price
Drug cost
Affordable drug price
Compulsory license
Drug development
Intellectual property monetization
Biopharma investment
How much is too much
Greed
Issue Date: Sep-2012
Publisher: NISCAIR-CSIR, India
Abstract: Rising healthcare costs have made drug pricing a controversial issue worldwide. ‘How much is too much’ is a question that is consistently asked in this context. While there are several factors contributing to rising drug prices, strong intellectual property (IP) laws and the efforts of private sector to monetize such IP are widely blamed for such outcome. Hence, it is important to have an open discussion on this topic to analyse whether such blame is justified. An effort is made herein to perform a concise business review to shed light on the market realities around drug pricing and the important role that a strong IP landscape plays in driving innovation, quality and sustained growth of healthcare economy.
Page(s): 497-500
CC License:  CC Attribution-Noncommercial-No Derivative Works 2.5 India
ISSN: 0975-1076 (Online); 0971-7544 (Print)
Source:JIPR Vol.17(5) [September 2012]

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