Tag: finance

Who Regulates the Cost of Drugs and Why Can’t They Be Dispensed Free of Charge?

In social networks, you can often find calls to raise funds for medicines for a sick child. A logical question arises: why won’t the state save this child by paying for the necessary drugs? We figured out how drug prices are determined, who should regulate them, and why pharmaceutical companies do not distribute drugs to save lives. How are drug prices determined? Manufacturers of medicines and pharmacies participate in the…