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Pfizer Public Policy: More about Price Controls

Pharmaceutical Price Controls in OECD Countries: Implications for U.S. Consumers, Pricing, Research and Development, and Innovation, U.S. Department of Commerce, December 2004

This study by the U.S. Dept of Commerce quantifies the impact of prescription drug price controls on pharmaceutical research and development.

Guaranteed Future Pain and Suffering: The Recent Research on Drug Price Controls The Heritage Foundation, Web Memo #680, Mar. 2005

This summary of recent research on pharmaceutical price controls shows that price controls would lead to less drug research, fewer new prescription drugs, and reduced availability of prescription drugs.

Are Rx Price Controls Good for Your Health?, The Manhattan Institute, Medical Progress Report, Dec. 2004; No. 1

In this study conducted by Vernon, Santerre, and Giaccotto of the Center for Health Care and Insurance Studies and the University of Connecticut Business School, the authors find that imposing price controls will reduce investment in R&D and lead to a loss of life and life expectancy. They suggest that informed public policy debate should consider the trade-off between lower drug prices now and future health benefits lost because of lower R&D spending.

Price Controls Would Stifle Drug Development, Manhattan Institute, September 2003

This article, a reprint of the version published in the Chicago Sun-Times on Sep. 14, 2003, discusses the problems with price controls and the harm that they inflict on global pharmaceutical research and development.

Last Updated September 2007

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