You have been asked to provide your expertise and opinion on the issue below to a Congressional Committee
State your position on this issue:
Pharmaceutical companies are unfair in charging prices that so far exceed the costs of the chemicals in their products, especially in lifesaving drugs.
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https://brainmass.com/business/business-management/reasons-for-high-cost-of-medicines-by-pharma-companies-32286
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Some Hints for your answer:
Price charged by pharmaceutical companies is not unfair. Reasons
- The costing of drugs includes not only cost of chemicals but also amortization of R&D …
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