[Book review] Peter Kolchinsky - The Great American Drug Deal

Jun 29th, 2020

If anyone asks you why drug prices are so expensive, you respond with, “Not really” and you give them this book. Some takeaways:

To sum up: drug prices are not high – they’re set to incentivize creation of novel therapies that permanently increase our standard of care. However, the cost to do so should be borne by all of society. This will require changes to how health insurance works. Drugs going generic is the key to cost-containment and we should do all we can to ensure that it continues to work.