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Health Policy ReportFree Preview

The Pharmaceutical Industry — Prices and Progress

List of authors.
  • F.M. Scherer, Ph.D.

In this Health Policy Report, the author examines the economics of the pharmaceutical industry. Research-and-development costs, patent laws, and health insurance coverage all influence drug pricing. The author discusses the policy dilemmas resulting from the complex economics of pharmaceutical research and development and reviews potential strategies to control prices.

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Funding and Disclosures

Dr. Scherer reports having served as an expert witness on behalf of Apotex, Canada, in an action brought by Eli Lilly and on behalf of plaintiffs in a class-action suit against Abbott Laboratories.

I am indebted to Judith Wagner for constructive comments above and beyond the call of duty.

Author Affiliations

From the Kennedy School of Government, Harvard University, Cambridge, Mass.

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