[wideminded]

Drug prices are determined by what the market will bear.

There was a drug recently in the news whose price was raised 5000%. It turns out that it was a 62 year old drug and so not under patent protection. But also the approval costs were zero. Therefore it is possible for drug prices to far exceed the amount that is necessary to recoup the costs for government approval.

[norwaypinesavage]

You don’t impress me with your knowledge of economics.