For Prof. GOODMAN

April 10, 2016

Annotated bibliography: Pharmaceutical drug prices

This annotated bibliography I will be talking about the research of unreasonably priced pharmaceutical drugs. And why the government should take account into controlling prices or just making certain drugs lower in price.

Bernard, Kent. "When The Price Isn't Right—Lundbeck And A Path To Analyze Competition In Drug Research And Development." Antitrust Bulletin 59.3 (2014): 527-556. Academic Search Premier. Web. 10 Apr. 2016.

This article talks about how marketing plays a big part in the pricing of drugs. Bernard talks about how the companies need to make a profit on their products. There is an example of a vial of Indocin IV went from $77.00 to about $1,500 in order to make a profit and the FDA approved. They also have to know if a medication still need time for them to work on and research it some more. I plan to use this as an example of how the pharmaceuticals are priced and how they are regulated.

Brandeisky, Kara. "Rx FOR YOUR DRUG PAIN." Money 45.2 (2016): 76-82. Academic Search Premier. Web. 10 Apr. 2016.

In this article it is talking about how you can save money even when your prescriptions may be a little costly. The first thing it tells you to do is change from brand name to generic. Also, to look for coupons but they usually only work on brand name medications. Some pharmacies are cheaper than other pharmacies. Also your insurance pays a big part in your copay, if you don’t have a good insurance policy you will be facing a lot of high priced medication. I plan on using this in my paper to inform people what to do if their medication is too expensive.

Soverini, Simona, et al. "BCR-ABL Kinase Domain Mutation Analysis In Chronic Myeloid Leukemia Patients Treated With Tyrosine Kinase Inhibitors: Recommendations From An Expert Panel On Behalf Of European Leukemianet." Blood 118.5 (2011): 1208-1215. Academic Search Premier. Web. 10 Apr. 2016.

In this article it is talking about how all cancer drug prices are unreasonably high. Even though after using then you might not even have more than 3 years to live. They effect the patients’ lives a lot if they were cheaper they could but then and become healthier and most people with cancer could be cured even if they were only going to live for a couple more years. In the article it says there is one drug called cetuximab that goes for about $800,000 per year and you would need that medication for a lifetime. The pharmaceutical markets say that the drug prices reflect

The complexity it took to figure out the research for a particular medication. I plan on using this in my research as an example of a particular drug and why it is so expensive.

Timmis, Ryan. "The Biologics Price Competition And Innovation Act: Potential Problems In The Biologic-Drug Regulatory Scheme." Journal Of International Human Rights 13.2 (2015): 215-231. Academic Search Premier. Web. 10 Apr. 2016.

Congress passed the affordable care act in order to make medical prescriptions cheaper. And the generic drugs are always cheaper than the brand name. The University of Toronto did studies on insulin and had the FDA to regulate the insulin. Then they studied human and animal hormones and then regulated a human hormone. The process of researching, testing and actually making a certain type of drug is very expensive and can cost up to 40 million dollars. It also takes a while. This is why the prices are highly expensive. I will use this in my research as an example of why the drugs are so expensive because they take a while to research and study.