How America became the world leader in pharmaceutical innovation and why to keep big government out of it

How to ruin a dynamic, competitive, and innovative industry to the benefit of our health! Big government!

Increase competition through more imports, reduced intellectual property rights, lower taxes, less regulation etc.!

"... In the 1970s, Europe was the global hub for pharmaceutical innovation.  Fast forward and around two-thirds of new drugs developed in the last decade or so have originated in the United States, compared to just 22 percent from Europe.  ...

America did not become the world’s innovation leader because of government – private companies have long tackled complex health care problems far better than government agencies.

Unfortunately, Democrats and even some Republicans are now pushing the United States to follow Europe and embrace price controls on prescription drugs.  This is a grave mistake.  ..."

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