For example you are gasping for your breath and you are imagining that you are literally in the verge of being dead. Afterwards, you are injected with the different kind of medicine or you’re given with a treatment and a miracle came when you become healthy again.
Are you willing to give $300 for the tablet or for the injection alone or would you prefer to die with that disease?
The treatment will be epinephrine, your illness was a life-threatening allergy only. will that cost around $300? The reflection will be 6 fold increase compared of that 6 years ago. One of the features of the medication is that they are expensive and sometimes they cost around out of your expected budget. There are questions regarding the increase in the prices of the medication and why does it increase through time.
There a lot of complaints for the increase of the drugs price in the market and had been there for many years being sold in the market.
There are many medications that had come to the market at very high price, in part because this is expensive to be able to identify, develop, and also to test the new drugs. First to establish the new drug, it Must be able to undergo basic research. Admittedly, much of the work is being funded all by the federal government, and sometimes the pharmaceutical companies had poured amount of significant money into this kind of effort. Set from the, the company must be able to font the clinical trials which is up in x cost around hundreds of millions of dollars just to test a single drug, and this is without guarantee to be significantly important and working well for the subject. Whenever the trials will go successful, many companies will spend a lot of money and time to be able to jump in around the regulatory, marketing their drugs and to be able to go into production facilities which all adds up. This is the very reason why the pharmaceutical companies are putting high amount of prices into their products because of the process how the medications coming to the market.
Sometimes there are subject to will take the investigatory products and they are being funded by the companies that is the reason why some of the pharmaceutical companies often times bought the medications in a higher price that will be sold in the market afterwards. On the clinical trials, there are some medications which cost very low because they did not undergo any clinical trials.
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