4 Pharma CEOs Admit They Jack Up Drug Prices for the Hell of It

May 17, 2011
By Jim Edwards
BNET

Four healthcare CEOs did something extraordinary at the Reuters Health Summit last week: They admitted that drug companies put up prices just for the hell of it.

It was a rare moment of group candor from Big Pharma and its allies, who usually argue that prices are set by the market or that companies need high prices to pay for innovative R&D. Read more

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