Funny how he notes as a cause for this as the Reagan administration, when he states no connection at all between Reagan and the drug companies.
Also, the author failed to note the influence of the medical insurance industry, which also just happened to take off roughly the same time as the pharmaceutical industry. Of course that would have a huge impact on sales as health insurance encourages patients and doctors to prescribe drugs and also drives up the prices. I wonder how the profits of insurance companies compare to the pharmaceutical industry.
Finally, the article seemed to ignore largely the benefits of the legislation it cited, such as rapid development of new drugs and easier access to them.
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