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The FDA is a critical consumer protection agency, which assures the safety of foods and cosmetics, and the safety and efficacy of pharmaceuticals, biological products and medical devices - products representing roughly 25 cents out of every dollar in U.S. consumer spending.

Why do We Need Differential Pricing?/Industry Perspective The very first tablet or drop of a new medicine comes at a dear price-- $800 million – according to recent studies of R&D in pharmaceutical industries. But manufacturing subsequent pills costs literally pennies. What’s a fair way to price lif ...