Report Calls for Drug Pricing Reforms

March 17, 2015 2:03 PM

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A new report has called for broad changes in the way drugs are priced in the United States, saying the law of supply and demand is not doing an effective job of bringing the cost of cancer drugs down to a level comparable with other countries.

In the article, which was published in Mayo Clinic Proceedings, authors Hagop M. Kantarjian, MD, from MD Anderson Cancer Center, and Vincent Rajkumar, MD, from the Mayo Clinic, made several recommendations that could lead to cost reductions. These suggestions included the allowence of medicare negot...

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