Cheaper versions of the most expensive drugs may be coming, but monopolies will likely remain
- Written by Yaniv Heled, Associate Professor of Law, Georgia State University
Some biologics can cost up to a million dollars for a year's worth.Tero VesalainenIn May, the Food and Drug Administration issued much-anticipated guidance that could revolutionize the pricing of some of the most expensive drugs on the market in the U.S. and, possibly, globally.
In this document, the FDA explains to drug manufacturers how to...