Trouble with cheap drugs

Essay specific features

 

Issue:

Business

 

Written by:

Lorenzo C

 

Date added:

August 25, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 756

 

Was viewed:

8250 times

 

Rating of current essay:

 
Essay content:

Research is not cheap and once a new drug is put on the market, the consumers who require such treatment quickly end up paying more than what is actually necessary. Currently most research and development is done in the United States due to the large market of possible patients and a quicker release time by the FDA...
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Currently most research and development is done in the United States due to the large market of possible patients and a quicker release time by the FDA. In Europe government restrictions and price controls delay the release of the newest drugs. Then by the time the drugs are able to be released, the brunt of the costs has already been paid for by Americans and thus Europe's initial price is far less...
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