Friday, September 25, 2015

The CEO Who Raised Drug Prices

It takes billions and billions of dollars to advance medicine.  It's not merely a process of research and development.  Pills have to be tested.  They have to go through drug trials.  Some of them don't make it.  The ones that do have to be approved by the FDA, and not all will be approved.  This is a very long pipeline that takes years.  I can't say whether or not a massive increase in the price was warranted, but I am sure the CEO of that company was in a better position to say than the liberals who are protesting him.

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