The Value of Pharmaceutical Products to Patients and the Healthcare System Versus the Cost

By Dennis Jackman
January 7, 2016

We often hear the question, ‘Why do drugs cost as much as they do?‘ In the U.S., the cost of drugs has become a campaign issue for some Presidential candidates, and Congressional task forces and committees have been exploring this question. Legislation has been introduced in some states to limit drug prices. And in Europe, there are steps toward joint negotiation of prices among some nations.

Young girl in hospital

But what is often missing in statements about the cost of medicines and in proposed solutions is an answer to the fundamental question, ‘What is the value of pharmaceutical products to patients and the healthcare system versus the cost?‘ This is where the focus needs to be placed so that appropriate policy decisions can be made based on patient benefits, savings that drugs provide to the healthcare system, economic value, and the need to sustain valuable biopharmaceutical innovation, rather than a singular focus on drug costs.
Continue reading

Posts represent the opinion of the author and do not necessarily reflect the views of CSL Behring.
This site is not intended as a forum for discussing CSL Behring or other companies' products.
Comments on this blog may be reviewed by CSL Behring and may be subject to removal if they are deemed to have inappropriate content.