The High Cost Pharmaceutical market is a subset of the pharmaceutical industry that focuses on the development and production of drugs that are expensive to manufacture and/or require a high price to be profitable. These drugs are typically used to treat rare or complex diseases, and often require specialized delivery systems. Pharmacoeconomics is the study of the cost-effectiveness of pharmaceuticals, and is used to assess the value of high cost drugs. This includes evaluating the cost of the drug, the cost of the associated treatments, and the potential benefits of the drug.
Some companies in the High Cost Pharmaceutical market include AbbVie, Amgen, Biogen, Gilead Sciences, and Novartis. Show Less Read more
