The Impact of Merck’s Price Increases for Keytruda on Pharmaceutical Innovation

<p>The pharmaceutical industry has long argued that high drug prices are a good thing because the profits from these price hikes allow companies to spend more on research and development to discover and launch the cures of the future.</p> <p>To test the claim that higher drug prices drive innovation, we gathered data from the industry, individual companies, and the FDA to conduct a counterfactual analysis: what would happen at some of the largest pharmaceutical companies in the world if prices on certain blockbuster drugs had remained constant over the last 10 years?</p> <p><a href="https://freopp.org/the-impact-of-mercks-price-increases-for-keytruda-on-pharmaceutical-innovation-7c539d60ec45"><strong>Learn More</strong></a></p>