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Few rewards for innovation
Published: 2012-04-24 06:57:00
Updated: 2012-04-24 06:57:00
The main reason why companies want the pharmaceutical market and the pricing and reimbursement system to be predictable and transparent is that pharma R&D investment is very long-term and carries a significant risk of failure.
“If the market and achievable prices are not predictable and transparent, the developer of a new drug cannot be certain whether or not his/her investment can be recou...
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