What Price Innovation? Understanding The Sovaldi Saga
The biopharmaceutical industry has been highly criticized for a number of years with respect to the high costs of medicines, particularly for drugs to treat cancer and rare diseases. Physicians and insurers have challenged the benefit of a new drug that might cost tens of thousands of dollars yet only extends life for a few months. This has led to various ethical debates about the value of life vs. the cost to society as a whole.
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