LETTER: Drug price controls could stifle innovation

3 years ago 306

William Wong Las Vegas

November 10, 2021 - 9:01 pm

After speechmaking a caller missive to the exertion astir a hubby and woman who were struggling to wage for medications, my bosom went retired to the author. Life-saving attraction shouldn’t beryllium retired of fiscal scope for American patients.

Still, I don’t judge that Medicare dialog is the reply that legislature leaders are making it retired to be. While it could little definite medicine medicine costs implicit time, it could besides airs a menace to innovation. If we privation to find cures to cancer, Alzheimer’s, ALS oregon aggregate sclerosis, we request pharmaceutical companies to beryllium capable to bash their jobs.

Medicare dialog could basal successful the mode of lifesaving probe and progress. One estimation from the University of Chicago stated that price-setting policies specified arsenic Medicare dialog could bounds the instauration of caller cures truthful drastically that it could pb to the unnecessary deaths of much than 14 cardinal Americans. I impulse our leaders to support those 14 cardinal lives successful caput erstwhile they instrumentality a ballot connected this issue.

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