Question
1.We learned that the U.S. grants patents to pharmaceutical drug companies. Much of the general public think that's the reason why drug prices are so
1.We learned that the U.S. grants patents to pharmaceutical drug companies. Much of the general public think that's the reason why drug prices are so high. Congress is considering legislation to address that. Consider the following two examples and explain its potential impact on prices and the quality of health care.
a.Senator Connie suggests reducing the length of patents and allowing more generic drugs to enter the marketplace sooner, so that it will drive prices lower.
b.Senator Danielle wants to maintain patents so that drug companies will have an incentive to conduct research and development of new drugs.
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