MGA’s Alex Brill on CNBC’s Squawk Box
MGA’s Alex Brill on CNBC’s Squawk Box
On this episode of ‘Squawk Box,’ Brill discusses Bill Gate’s reaction to Senator Elizabeth Warren’s proposed wealth tax, as well as the capital gains tax.
The Economics of Biologic Drugs
The market for biologic drugs in the United States is large and growing. Total US biologic sales in 2018 is estimated to have been $125 billion, an increase of 50 percent since 2014.
Debate Over Whether Biologics Constitute Natural Monopolies Continues
“Peter B. Bach, MD, a well-known critic of high drug prices, along with Jennifer A. Ohn, MPH, Preston Atteberry, MD, and Mark Trusheim, MSc, first wrote in April that biosimilar competition is an economically inefficient way to achieve the goal of lower prices; the biosimilar environment is different than the one that exists in the generic marketplace for small-molecule drugs. These authors said, instead, that biosimilars are natural monopolies and as such need price regulation in order for them to succeed and for prices to come down.”