The Pharmaceutical Business

?

Cost vs. Consumer

Prices

From Parlamento

affect

From Parlamento

consumers

From Parlamento

IMPACTS

Amount U.S. Pays for patented drugs 2003 compared to:

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

Sweden

Britain

Germany

Canada

Switzerland

France

Italy

58%

63%

73%

75%

87%108%

118%

Consumer Perspective on Safety, Effectiveness & Cost

9

“A drug that one cannot afford is neither safe nor effective.”

-- Stephen W. Schondelmeyer PRIME Institute, 1996

11

12

13

14

Is Healthcare too Expensive?

Implications of high costs of drugs

Why drugs cost so much

Regulations

Limited Competition

Lack of Innovation

Brick and Mortar

pharmacies

Inefficient distribution

system

23

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