Drug companies have also used the cost of researching and developing new medicines to justify their high prices. However, a study published in theLike what you're reading? Never miss a story. Subscribe to our newsletter.
. The World Health Assembly is an annual event which happens in May — during which all WHO member states gather. In the letter, Grillo proposes that drug prices could be reduced if countries forced pharmaceutical companies to be open about what it really costs to produce medicines. The plan is to give governments a way to enforce changes in the way medicine prices are set.Just ask Switzerland.
Instead, Swiss authorities negotiate drug prices for their citizens based on what other countries are paying.Since these prices could be inflated, the Swiss authorities are often left with the short end of the stick. Kronig Romero shakes her head: “It's made us consider going back to the closed system. We cannot keep paying.”
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