Health Affairs, 23, no. 1 (2004): 9 doi: 10.1377/hlthaff.23.1.9 © 2004 by Project HOPE	New Online   New Issue: China & India   Obesity In China   Pay Cuts For Medicare Docs   Access To Care Woes

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Industry Priorities

Priorities In The Pharmaceutical Industry

PROLOGUE: Among the controversial issues that have arisen in health policy in recent years, none has been more contentious—or engaged public attention more vigorously—than the accelerated growth of pharmaceutical use and spending and related concerns about drug prices. The debate centers on the question of whether high prices for new, on-patent drugs are excessive or reasonable in relation to the costs of research and development (R&D). The complexity and prolonged time span of pharmaceutical R&D make these questions particularly difficult to answer clearly and decisively. Further complicating the picture, the pharmaceutical industry has been undergoing major structural change, as the . . . [Full Text of this Article]

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