Harvard study: U.S. government actively props up Big Pharma’s profiteering monopoly
‘Many of us have long believed that the high drug prices in this country can be blamed on the government for allowing Big Pharma to have a monopoly, and now a Harvard study has admitted that this is indeed the main cause of this increasingly serious problem.
The paper, which is entitled The High Cost of Prescription Drugs in the United States: Origins and Prospects for Reform, sought to uncover the origins of the country’s high drug prices and look into the effects caused by these prohibitive costs in order to help develop policy options that could help rein them in.
It was authored by Harvard Medical School’s Dr. Jerry Avorn and Dr. Aaron Kesselheim along with jurist Ameet Sarpatwari. They examined peer-reviewed health policy and medical literature dealing with the sources of drug prices in the country over the past decade. They found that per capita spending on prescription drugs in America is the highest in the world, with the figure for Americans more than double the average of 19 other industrialized countries.’
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