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The Truth Behind the Pharmaceutical Prices Imagine if you are gasping for your breath, it really on the middle of your death and you do not have anyone beside you to get some help. then someone will inject something into you with the medicine and then miraculously you are healthy again. would you like to be around $300 for that certain injection or treatment? The condition that you are suffering will be connected to an allergy if ever the treatment will be an epinephrine only. will that cost around $300? Around six-fold increase will be able to reflect in terms of the increase from the couple of years ago. It is one thing for the medicines to be costly and sometimes they are far beyond your budget and many cannot be able to afford it. But why does the same medication had become more expensive over the course of the year? The drug which is considered to have been in the market for several years already show increase in price of the drugs in the market which they are already is there for several years already and this increase in the price got everyone mad especially Americans .
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Plenty of those medications that are released into the market or at the very high amount, in part because they are being identified, developed, and the testing of the new drugs to become expensive process. First, there are basic research to be done first. Admittedly, much of the work is being funded all by the federal government, and sometimes the pharmaceutical companies had poured amount of significant money into this kind of effort. After all the research, there will be amount of money for the clinical trial sometimes they give around 100 of millions of dollars just to test the clinical drug , and in the end there will be no guarantee that the molecule being tested will work for the subjects. Whenever the clinical trial will be successful, the companies and the government will spend ample amount of money and their time to be able to go into the process of regulatory hurdles, drug marketing, and also to ramp up the production facilities.. It should not be surprising that the Pharmaceuticals company will be able to charge high prices into their products.
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Sometimes there are subject to will take the investigatory products and they are being funded by the companies that is the reason why some of the pharmaceutical companies often times bought the medications in a higher price that will be sold in the market afterwards. On the clinical trials, there are some medications which cost very low because they did not undergo any clinical trials.

 

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