Pharmaceuticals: A Market for Producing 'Lemons' and Serious Harm, University of Medicine and Dentistry of New Jersey Says

Published: Aug 19, 2010

ScienceDaily (Aug. 17, 2010) — The pharmaceutical industry is a "market for lemons," a market in which the seller knows much more than the buyer about the product and can profit from selling products less effective and less safe than consumers are led to believe, according to an analysis that will be presented at the 105th Annual Meeting of the American Sociological Association.

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