The pharmaceutical business FINAL DRAFT

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Business News & Politics

The Pharmaceutical Business

Cost vs. Consumer

Prices Affect Consumers

rlamento

IMPACTS

Amount U.S. Pays for patented drugs
2011 compared to:
Switzerland
Britain
Germany
Canada
Sweden

France
Italy

58%
63%
73%
75%
87%
108%

118%

Source: Health Reform Program Calculations from Patented Prices Review Board reports (Trends in Drug Prices and
Expenditures tables) Based on formulary of 1,000+ patent drugs

Why drugs cost so much?

Regulations

Limited
Competition

Lack of
Innovation

Brick and
Mortar
pharmacies

Inefficient
distribution
system

Consumer Perspective on
Safety, Effectiveness & Cost

“A drug that one cannot
afford is neither safe nor
effective.”
-- Stephen W. Schondelmeyer
PRIME Institute, 1996

16

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The pharmaceutical business FINAL DRAFT

1. The Pharmaceutical Business

2.

3. Cost vs. Consumer

4. Prices Affect Consumers rlamento

9. Amount U.S. Pays for patented drugs 2011 compared to: Switzerland Britain Germany Canada Sweden France Italy 58% 63% 73% 75% 87% 108% 118% Source: Health Reform Program Calculations from Patented Prices Review Board reports (Trends in Drug Prices and Expenditures tables) Based on formulary of 1,000+ patent drugs

10. Why drugs cost so much?

11. Regulations

12. Limited Competition

13. Lack of Innovation

14. Brick and Mortar pharmacies

15. Inefficient distribution system

16. Consumer Perspective on Safety, Effectiveness & Cost “A drug that one cannot afford is neither safe nor effective.” -- Stephen W. Schondelmeyer PRIME Institute, 1996 16

17.

20.

21.

22. THANKS FOR WATCHING