Why We Can Have Both Innovative Drugs and Lower Drug Prices - POLITICO - Opinion

…All the evidence suggests that regulation in Congress's reconciliation bill will reduce prices only by about 10 percent and lead to well over 95 percent of anticipated drugs reaching the market. This hardly constitutes the "end of innovation" that drug companies and others ominously warn is inevitable with any price regulation. Nor does drug price regulation mean that millions of Americans will have to suffer for lack of a cure or transformative treatment for their cancer or serious illnesses…

https://www.politico.com/news/agenda/2021/10/13/drug-companies-innovation-prices-false-choice-515844