Why Some Drug Prices Should Be High
The high prices of prescription medicines in the US have prompted much public anger, compelling President Donald Trump to promise to bring those prices down. But while this is a worthwhile goal, Trump must be careful to strike the right balance between accessibility and scientific innovation.
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SAN FRANCISCO – US President Donald Trump recently told the US Congress that Americans must “work to bring down the artificially high price of drugs and bring them down immediately.” He is right that, in the United States, prescription medicines are very costly – a reality that has prompted much public anger. But, in tackling this problem, Trump must be careful not to undermine scientific innovation.