Re-thinking drug pricing and value in health care through the lens of societal value

Written by Sreeram Ramagopalan (Lane Clark & Peacock)

A new article by Peter Kolchinsky (RA Capital Management LP), Lou Garrison (The Comparative Health Outcomes, Policy, and Economics (CHOICE) Institute, University of Washington), Jose Diaz (Bristol Myers Squibb), and Sreeram Ramagopalan and Grace Mitchell (Lane Clark & Peacock LLP) aims to address some of the misunderstandings around the economics of the pharmaceutical industry. Advocated as a "required reading" for anyone interested in health policy, here we learn more about the paper from lead author Sreeram Ramagopalan. Stories about high drug prices always make the news, but there's never really any discussion as to what goes into drug pricing, and...

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