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The price of a new drug (in most cases) is limited so that the cost of therapy with the new drug is in the range of the costs of therapy with existing drugs in the same therapeutic class. The price of a breakthrough drug is limited to the median of its prices in France, Germany, Italy, Sweden, Switzerland, Britain, and the United States.
A gap of 5% GDP represents $1 trillion, about $3,000 per person relative to the next most expensive country. In other words, the U.S. would have to cut healthcare costs by roughly one-third ($1 trillion or $3,000 per person on average) to be competitive with the next most expensive country.
As more expensive drugs are being developed and licensed it has become imperative especially in context of developing countries where resources are scarce to apply the principles of pharmacoeconomics for various drugs and treatment options so that maximum improvement in quality of life can be achieved in minimum cost.
The bank account, he was told, was meant to cover travel expenses for health department officials so that they could examine a program that their colleagues in Texas had told them about. It seemed like a promising way to create modern prescription guidelines for Pennsylvania’s use of antipsychotic drugs in state mental institutions and among ...
McDonald's. In 2019, a Big Mac meal sold for $7.29, and in 2024, it's exactly $2 more. People are not pleased. Charges of price gouging have been so prevalent that McDonald's actually answered ...
Duquette, who has worked as a registered nurse for nearly 50 years, told CNN she was afraid to leave because she still needed help getting out of bed and going to the bathroom and felt unsteady on ...
The very complicated question about why tuition has gotten so expensive boils down to the most basic economic principle: supply and demand. In American colleges, and through the Department of ...
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