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Essay

The High Price Of Drugs In America

Essay specific features

 

Issue:

Social Issues

 

Written by:

Roberto F

 

Date added:

December 11, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

6 / 1611

 

Was viewed:

5379 times

 

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Essay content:

These same companies claim that it is expensive to produce drugs due to the high cost of research and development. In the process of producing a new medication, we have to see that the results of research and development involves many years, thousands of experimentations with animals and then with humans in different parts of the world...
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The next stage is to put together all the results and then the companies can determine if it is worth to produce and market. At this point, if the company decides to mass-produce the drug, it has to file for a patent with the government. Every patent has a specific time and period of exclusivity. In order to understand why some companies charge more than others for the same drugs, we need to reflect on the complete process and its cost...
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