Articles on Drug prices

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Indian health workers doing health checks in Mumbai, June 17, 2020. AP Photo/Rafiq Maqbool, File

Ending the pandemic will take global access to COVID‑19 treatment and vaccines – which means putting ethics before profits

The high cost of pharmaceuticals often means only the richest patients get lifesaving medicines. As coronavirus drugs emerge, it will require hard, creative work to ensure they’re available to all.
Generic drugs can be a great way to save money, but a recent study shows there are risks involved. HQuality/Shutterstock.com

Why your generic drugs may not be safe and the FDA may be too lax

As drug prices soar, consumers look for cheaper generics. A recent study showed safety issues in some generics made abroad, however, suggesting that the FDA’s honor system may not be enough to ensure safety.
Could buying drugs from Canada be a solution to high prices for prescription drugs? It’s complicated. Burlingham/Shutterstock.com

Why cheaper drugs from Canada likely won’t cure what ails US

Politicians and even HHS are now discussing ways to allow US consumers to buy drugs from Canada. Here’s why it’s not as simple as it seems.
A man looks at a prescription drug bottle. Many Americans will chronic conditions report rationing their drugs because of cost. Burlingham/Shutterstock.com

Why a plan to lower prescription drug prices should not be piecemeal

Presidential candidates and the current president have all talked about ways to lower drug costs, but experts know it is going to take more than politics to change how drugs are priced in the US.
Dr. Paul Davis shows President Trump a surprise $17,000 medical bill his daughter received, while Trump spoke to reporters about surprise medical bills at the White House on May 9, 2019. REUTERS/Jonathan Ernst

Health care price transparency: Fool’s gold, or real money in your pocket?

President Trump has been backing transparency in hospital pricing so that consumers can compare prices. But will that help when the real deals are done in secret?
Sen. Chuck Grassley, R-Iowa, chair of the Senate Finance Committee, prepares for the Feb. 26, 2019 hearing with CEOs from several U.S. drug makers. Pablo Martinez Monsivais/AP Photo

A new way to pay for innovative drugs, provide universal access and not break the bank

As concern grows for the escalating prices of prescription drugs, a novel approach to lower the price of drugs to treat hepatitis C in Louisiana holds promise, a policy expert says.
Policymakers and consumers are well aware of rising pharmaceuticals prices. AP Photo/Elise Amendola

Why the US has higher drug prices than other countries

The Trump administration’s proposal to lower drug prices focuses on discounts. A health policy scholar argues that the US could learn from Europe’s system of measuring drug value and effectiveness.
President Donald Trump releases a ‘blueprint’ to reduce prescription drug prices, with Health and Human Services Secretary Alex Azar, in the Rose Garden of the White House in Washington, May 11, 2018. (AP Photo/Carolyn Kaster)

No, raising drug prices in Canada will not help the U.S.

The logic behind U.S. president Donald Trump’s proposal that Canada and other countries have been “free-riding” off high prices in the United States is bizarre at best.
Heather Bresch, CEO of Mylan, holds two EpiPens as she testified before Congress Sept. 21, 2016 about rising costs of the drug. AP Photo/Pablo Martinez Monsivais

Hospitals hit back on drug pricing, but will they knock out the problem?

The rising costs of generic drugs have led to outcries. In a search for solutions, four hospital systems are proposing to make drugs on their own. Could their idea work?
Could universal pharmacare reduce excessive drug price hikes in Canada? Eric Hoskins, former Ontario Minister of Health, will chair a federal government advisory council to implement a national pharmacare plan. Hoskins is pictured here with federal Minister of Health Ginette Petitpas Taylor. (THE CANADIAN PRESS/Justin Tang)

Pharmacare and the chaotic world of Canadian drug prices

The cost of a life-saving drug in Canada is rising by 3,000 per cent. A national pharmacare plan could bring order to this chaotic world of Canadian drug prices.
The cells inside this bioreactor are the real pharmaceutical factories. Sanofi Pasteur

Biologics: The pricey drugs transforming medicine

Rather than being designed by chemists, this class of pharmaceuticals is produced by living cells. Here’s where they come from and how they work.
New Zealand shows up Australia as badly in the field of pharmaceuticals as it does on the rugby field. Dave Hunt/AAP

New Zealand steamrolls Australia on the pharmaceutical paddock too

Drug prices in Australia are three times higher than in New Zealand. A key reason is the lack of transparency about taxpayer subsidies for Big Pharma and the companies’ own finances.
Some of the notable additions to the PBS include drugs to treat eye and HIV infections, cystic fibrosis, multiple sclerosis, and cancer. from shutterstock.com

New drugs on the PBS: what they do and why we need them

An independent expert provides his pick of the most notable drugs added to the PBS on May 1, 2017.

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