Why Is It So Hard to Lower Drug Prices?

There are many, many factors that contribute to high drug prices. Regulating them is complicated. It turns out, expensive drugs are often expensive because they’re hard to replicate. We try to shed some light on the situation. Special thanks to Austin Frakt. This video was adapted from his Upshot article in the New York Times: https://www.nytimes.com/2019/07/15/upshot/lower-drug-prices-no-one-cure.html

Related HCT episodes:
Orphan Drugs: https://www.youtube.com/watch?v=F1TbvdjmXJ8&list=PLkfBg8ML-gInUS65s2zVPdW3sFpIb52KL&index=2

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