US Election Will Impact New Drug Development Worldwide Forever

By Fintan Walton

Pharma Deals Review: Vol 2008 Issue 99 (Table of Contents)

Published: 1 Aug-2008

DOI: 10.3833/pdr.v2008.i99.151     ISSN: 1756-7874

Section: Business Commentaries



A change in drug pricing regimes has been predicted in the US after the 2008 presidential election, as both candidates have promised they will allow cheaper drugs to be imported, and encourage the growth of the generics market, by providing less protection to risk-taking innovators. This will profoundly reduce drug development in the future, and be of no public benefit in the longer term.

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