Drug companies tend to attribute higher drug prices on

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Quizplus · Accepted Answer

Drug companies often attribute higher drug prices to the long and expensive process of developing, testing, and gaining approval for a new medication. This involves extensive research and clinical trials to ensure safety and efficacy, along with navigating the regulatory approval process. All of these factors can significantly increase the cost of bringing a new drug to market. While pharmacies may mark up the price of drugs, this is generally not a primary driver of high drug prices. The distribution of free samples by doctors can also have an impact on prices, but this is a relatively minor factor compared to the costs of development and approval.

Drug Companies Tend to Attribute Higher Drug Prices on