Drug Prices and Sales: A Cross-continental View

Sun Jan 19 2025
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Have you ever wondered why medicine costs differ around the world? Let's take a closer look at how prices and sales trends for blood pressure drugs vary in Europe, the USA, and India. In Europe, these medications often come with a hefty price tag, thanks to strict regulations and high production costs. But in the USA, it's a different story. Competition among pharmaceutical giants can drive prices down. Meanwhile, in India, low-cost generics are the norm, making them affordable for millions. It's not just about price, though. Sales trends show that patients in the USA prefer brand-name drugs, while in India, generics rule. Why the difference? It's all about trust and familiarity. In Europe, people trust well-known brands, even if they cost more. But in India, generics have earned trust, proving that cost doesn't always mean compromise.
https://localnews.ai/article/drug-prices-and-sales-a-cross-continental-view-86773cf1

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