AUTHOR'S BIO
Marcia Angell
Marcia Angell, is Senior Lecturer in Social Medicine Harvard Medical School and Author of The Truth About the Drug Companies: How They Deceive Us and What to Do About It.
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Pharmaceutical Myths
Marcia Angell Series: Health and Medicine 2005-04-25Drug companies want us to believe that soaring prices for prescription drugs are necessary to cover their research and development (R&D) costs – a claim that implies that they spend most of their money on R&D, and that after they pay for it, they have only modest profits left over. Curtailing prices, they say, would choke off R&D and stifle innovation. But the real story is very different. ... read Comments: 1 Recommended: 0 Read: 41293
