Tag: price drop

Economic Impact of Patent Expiration: How Drug Prices Drop After Patents Expire

Economic Impact of Patent Expiration: How Drug Prices Drop After Patents Expire

When pharmaceutical patents expire, drug prices typically drop by 80% or more as generics enter the market. The U.S. sees the steepest declines, but patent thickets and rebates can delay savings. Competition drives prices down-but only if the system lets it.

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