August 23, 2011,
The two researchers looked at 1999 prices for 249 compounds (molecules) including all brand (patented) and generic products with these active ingredients making their analysis one of the most comprehensive comparisons ever undertaken of prescription drug prices. Relative to other countries,” says Danzon, “and also looks at the question of whether other countries are paying their fair share.” On the first point, “when we look at a comprehensive market basket of products, the differences on average are smaller than many previous commentators have argued. And second, when we compare those price differences to the differences in income, we find that other countries’ prices are not out of line relative to income.
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