Researchers Claim Drug Price Limits Won’t Impact Innovation, PhRMA Strongly Disagrees

In a recently published article, researchers at Bentley University and West Health conclude that limiting drug prices will not affect pharmaceutical innovation and may even accelerate discoveries in biotechnology. PhRMA voiced strong disagreement with the findings.

PhRMA remarks, “Any changes in the market that impacts one part of the ecosystem will have a ripple effect throughout the entire ecosystem, causing uncertainty, which chills investment in innovation.” Read more here.

(Source: Cathy Kelly, Pink Sheet, 8/16/21)