Costs Per Unit of Service (Pharmacy)

The United States is the only major industrialized country that lets the market set drug prices. In contrast, the United Kingdom imposes profit controls, France has price controls, and Japan orders price cuts every year.

The difference in drug costs between the United States and other European Countries would account for 40 to 50 billion dollars a year in health spending.

This would imply that the U.S. is funding a significant part of drug research and development.

The United States is the only major industrialized country that lets the market set drug prices. In contrast, the United Kingdom imposes profit controls, France has price controls, and Japan orders price cuts every year.