William Lazonick, Matt Hopkins, Ken Jacobson and Oner Tulum

Author Archive | William Lazonick, Matt Hopkins, Ken Jacobson and Oner Tulum

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US Pharma’s Business Model: Why It Is Broken, and How It Can Be Fixed

Price gouging in the US pharmaceutical drug industry goes back more than three decades. In 1985 US Representative Henry Waxman, chair of the House Subcommittee on Health and the Environment, accused the pharmaceutical industry of “gouging the American public” with “outrageous” price increases, driven by “greed on a massive scale.” Despite many Congressional inquiries since […]

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