pills and bottles on a table

WashU Expert: Budget provides insight into Trump Administration drug policy

During his first year in office, President Donald Trump spoke about high drug prices but took little action to address the problem. His budget proposal, released this week, does lay out a strategy — though what is most notable is not what’s included, but rather what is missing. Rachel Sachs, an expert on drug pricing and policy at Washington University in St. Louis, weighs in.

Pharmaceutical industry wastes $50 billion a year due to inefficient manufacturing

The pharmaceutical industry could be wasting more than $50 billion a year in manufacturing costs alone, costs that could translate in to lower prices or greater research and development – according to findings of the largest empirical study ever performed of pharmaceutical manufacturing and the Food and Drug Administration monitoring policies. More…