Most pharmaceuticals involve high upfront costs, to discover and test the drug, and very low marginal costs. Another pill can be printed almost for free. That cost structure favors health systems, such as that of Britain, that try to pay lower for services. They can end up getting a relatively good deal from price discrimination. …
Will future biomedical advances be low marginal cost?
Will future biomedical advances be low marginal cost?
30 Jun 2026 Leave a comment
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