A Need For Government Intervention? Prescription Drug Prices And Retail Mark-Ups
February 2011
in “
VTechWorks (Virginia Tech)
”
TLDR Government action is needed to address high prescription drug prices.
The document examined the relationship between wholesale and retail prices of prescription drugs to identify potential sources of high costs beyond manufacturers. It found that many pharmacies reported unexpected negative mark-ups, and the Average Wholesale Price was not a reliable basis for comparing with actual retail prices. The study suggested that further research was needed, including investigations by federal legislative and executive branches, to better understand and address the issue of high prescription drug prices.