Why are Americans spending more on prescription drugs?

Why do Americans spend, on average, $1,300 per person per year on prescription drugs? Is it due to the median launch price of a new drug in the United States of $180,000 for a year’s supply? Is the high price tag for prescription drugs in the United States because the government does not directly regulate medicine prices, unlike in other nations? Who pays for these drugs? For the answers to these questions, click here…

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